Green production and sustainable cost management techniques: a theoretical study
DOI:
https://doi.org/10.36325/ghjec.v18i00.15001Keywords:
Green production, Sustainable cost management techniques, Sustainable competitive advantageAbstract
The research aims to identify green production, as it plays an important role in reducing environmental pollution, reducing costs, increasing the offering of green products and thus increasing unit sales, as a good economic unit is one that takes care of the surrounding environment. As well as highlighting sustainable cost management techniques. Sustainability has become of great importance to economic units because of its impact on continued competition in the market. Because the degree of success has become measured based on the extent to which the units adhere to sustainability standards. This requires establishing a culture of sustainability among workers in economic units and shifting them towards sustainable behavior to reduce the loss of available resources and achieve a sustainable competitive advantage. The research was based on a survey form for workers in economic units who adopt green production and sustainable cost techniques. The results were measured according to descriptive analysis, and the research reached a set of conclusions, the most important of which is that green production is considered an extremely important necessity for the continuation of the economic unit.
Sustainable cost management techniques provide important information to the economic unit (financial and non-financial) and help achieve green production requirements and achieve sustainable competitive advantages. The research recommendations came about the need to change the culture of employees in order to keep pace with sustainability, because the culture of employees plays an important role in supporting the strategy of the economic unit because it is reflected in the organizational and administrative structure, and forms the basis for how business is performed and influences decision-making and problem solving.
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