Abstract
Because of the limited availability of earth’s resources there is a need to provide business sustainability that reflects the efforts of a company to reduce its negative impacts on social, environmental, and economic areas. This can be achieved by searching through various indexes that directly or indirectly influence the effectiveness of any business, including the mining industry, which represents the basic industry in a number of countries. The objective of this paper was to evaluate and compare the business environment in areas of earth resources in Slovakia according employment, gross value added, global competitiveness index, ‘Doing Business’ and the index of the business environment with the aim of identifying obstacles that limit business development. The results confirm the belief that using raw materials has positive impacts on social and economic areas of sustainable development in Slovakia. Business with earth’s resources in Slovakia could be improved by the permanent implementation of new approaches for increasing the effectiveness in the area of mining and processing, as well as better conditions for new businessmen. Our results can serve the basis for an approach to management of mining organizations with a view to sustainability, which will also require research of other indicators in all regions and industries, ultimately contributing to the national economy.
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Acknowledgments
This study was supported project VEGA No 1/0515/18, VEGA No 1/0651/2018 and KEGA No 006TUKE-4/2019.
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Čulková, K., Rosová, A., Cehlár, M., Khouri, S. (2020). Evaluation of Business with Earth Resources from an Economic Indicator Viewpoint. In: Knapcikova, L., Balog, M., Peraković, D., Periša, M. (eds) New Approaches in Management of Smart Manufacturing Systems. EAI/Springer Innovations in Communication and Computing. Springer, Cham. https://doi.org/10.1007/978-3-030-40176-4_2
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