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Topic: Philosophy
Number of pages / Number of words: 7 / 1844
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No business can be sustained unless the society in which it functions is sustained. When a business is “sufficient”, it only achieves the basic level of the Sufficiency Economy Philosophy. In order to ensure a truly sustainable development for the Thai society, Thai businesses should, according to the advance level of the Sufficiency Economy Philosophy, cooperate with other businesses in their relevant industry and across different industries, and government institutions to ensure a pleasant society...


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Moreover, according to the highest level of the Sufficiency Economy Philosophy, Thai businesses should go beyond their national boundary and work with foreign businesses and government institutions, and non governmental organizations to warrant the world’s sustainable development.

How can Thai businesses sustain themselves and their society? The following paragraphs discuss how businesses can apply the Sufficiency Economy Philosophy’s three components and two underlying conditions to ensure their own corporate sustainability and, most importantly, a livable society...


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