IDENTIFICATION OF SUSTAINABILITY RISKS AND THEIR QUANTIFICATION IN THE CONDITIONS OF SMALL AND MEDIUM-SIZED INDUSTRIAL ENTERPRISES

Abstract

The paper deals with sustainability risks and their measurement in the conditions of small and medium-sized enterprises. SMEs in the context of sustainability have to find solutions to many complex issues because, in the transformation of enterprises towards sustainability, significant changes are needed in all business processes from product development through operational execution, logistics, and marketing, not excluding their management. To implement sustainable development, SMEs need to identify and quantify the risks that may affect their path towards sustainability.

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