ANALYSES OF THE MOST INFLUENTIAL UTILISING HOFSTEDE'S CULTURAL DIMENSIONS FOR PREDICTING CROSS-CULTURAL MANAGEMENT OUTCOMES THROUGH ADAPTIVE NEURO-FUZZY METHOD
Cultural differences have significantly influenced business management during the past twenty years. Internationally, cross-cultural management is currently a prominent topic in modern business. Hofstede's model consists of six variables that are utilised to evaluate cross-cultural implications and cultural aspects: power distance, uncertaint...
By Milovančević Miloš, Srđan Stojičić, Mirjana Miljanović, Nikola Simonović
IMPACT OF THE PANDEMIC CAUSED BY CORONAVIRUS (COVID-19) ON INTERNATIONAL MARKETING AND THE CONSUMER BEHAVIOR IN INTERNET SHOPPING
The pandemic caused by the coronavirus (COVID-19) has had a significant impact on the global economy and in a very short period of time it changed society as a whole, the daily social activities of people, as well as the business activities of economic entities. "New Reality" has had an effect on international marketers, and accordingly on In...
By Miljenko Strnad, Biljana Rađenović Kozić
THE ECONOMIC AND SOCIAL DETERMINANTS OF VACCINE HESITANCY IN ROMANIA DURING THE COVID-19 PANDEMIC
The COVID-19 pandemic affected all countries both in social and economic dimensions. Currently, vaccination is considered to be one of the most efficient solutions which can stop the further spread of the virus. Therefore, the paper aims to understand the factors that determined the social approval of the COVID-19 vaccines in Romania. To get ...
By Balázs Boga
BLUE OCEAN STRATEGY & SUSTAINABLE GROWTH: HOW TO PLAY AND WIN
In today’s volatile business environment, the Blue Ocean Strategy (BOS) has proved as a prominent framework for creating an uncontested market space for achieving sustainable growth. Applying this strategy also achieves a new way of adding value for consumers, clients, stakeholders, and consequently, the local community. This paper exam...
By Tatjana Mamula Nikolić, Svetlana Kralj, Mirjana Milovanović
ANALYSE THE MOST SIGNIFICANT COMPONENTS FOR FORECASTING THE HERFINDAHL-HIRSCHMAN INDEX USING AN ADAPTIVE NEURO-FUZZY TECHNIQUE
There is a complex relationship between competition in the product market and investment in business. On one hand, the relationship may be positive, while on the other hand, it might be negative. Various methodologies have been proposed to assess market power for the purpose of developing steps to mitigate or eliminate it. Commonly utilised m...
By Srđan Stojičić, Miloš Milovančević, Mirjana Miljanović, Nikola Simonović
THE INFLUENCE OF HYDROMORPHOLOGICAL VARIABLES ON THE SPREAD OF INVASIVE ALIEN PLANTS ALONG THE RIVERS IN SERBIA
Riparian and aquatic habitats being especially under threat, as these habitats represent important corridors for the spread of invasive speciesThe rapid spread of invasive alien plants worldwide has occurred as a consequence of intensive anthropogenic movement. Field research was conducted in riparian areas of 35 rivers in Serbia, following t...
By Živković Milic, Ana Anđelković, Slađana Popović, Bojan Damnjanović
MANAGEMENT OF AMORTIZATION CALCULATION ON THE BASIS OF FINANCIAL STATEMENTS IN PROFIT PROJECTION
The modern economic understanding equates company in terms of ownership, the owner of the alliance, and in this regard arises variable combination of the priority objectives in which priority is given to the objectives defined by the majority shareholders. The company is a complex organization that operates in terms of external and internal u...
By Ognjen Bakmaz, Darko Martinov, Dragan Vukasović
THE DEVELOPMENT, SITUATION AND MANAGEMENT OF TOURIST THEMATIC ROUTES IN HUNGARY AND GERMANY
The tourist themed routes go back almost 100 years. First of all, they are of great importance within the field of tourism, and even today they are effective tools for tourism development and rural development. In the 1990s, the first thematic tourist routes were created in Central and Eastern European countries. Their creation, operation and...
By Mónika Pentz, Tibor Gonda
ORGANIZATIONAL MODEL 7S IN THE CONTEXT OF ORTHODOX AND ETHICAL BUSINESS LEADERSHIP
The growing trend of interest in Christian ethics and spirituality influenced organizational models and behavior. Spirituality gives meaning to every activity, including organizational leadership, and it provides a framework for using organizational models. The aim of the work is to connect the selected elements of the famous McKinsey model 7...
By Milan Resimić
APPLICATION OF DEEP REINFORCEMENT LEARNING IN PORTFOLIO MANAGEMENT
Financial portfolio management aims to allocate resources for optimal returns while mitigating risk. Traditional methods based on assumptions like normal return distributions and simplistic risk measures have limitations. Deep reinforcement learning (DRL) combines deep learning for feature representation and reinforcement learning for optimal...
By Fengchen Gu