INTELLECTUAL CAPITAL AS A STRATEGIC RESOURCE OF FAMILY ENTERPRISES
The paper focuses on understanding the central issues related to intellectual capital with afocus on family businesses. Intellectual capital is becoming a resource of primordialimportance for the creation of economic wealth. It is indisputable that tangible assetscontinue to be an important factor in the production of both goods and services,...
By Bosiljka Srebro, Nenad Marković, Vuk Mirčetić, Ognjen Bakmaz, Uglješa Mrdić
SIX SIGMA – AN EXAMPLE OF A MODERN METHODOLOGY FOR ACHIEVING BUSINESS EXCELLENCE IN QUALITY MANAGMENT
In order to improve the business management process, first of all, you need to improve the quality of your products and / or services. Many organizations, in terms of quality improvement, mean meeting the requirements of ISO standards. But other methodologies of quality improvement have appeared in the world and therefore this paper will deal...
By Mirko Miličević, Azemina Mašović, Simonida Vilić
INNOVATION MANAGEMENT IN THE CIRCULAR ECONOMY - REPUBLIC OF SERBIA AND EU
Sustainable development requires the application of innovations and radical changes in the concept of functioning of most countries, where it is of special importance to achieve environmental sustainability. The environment is not only the environment in which people live, but also the resource base and the place where economic activities are...
By Bojana Ostojić, Irena Petrušić, Dragan Bulatović, Jelena Ružić
DEVELOPMENT OF FINANCIAL REPORTING IN THE FUNCTION OF PUBLIC SECTOR MANAGEMENT
The current trend of change at the global level in the political, social, economic and institutional spheres could not remain without influence on nation states and thus on the public sector. All these new conditions, phenomena and events define the new environment in which the state or the public sector operates. There is no possibility for ...
By Biljana Bjelica, Dragan Vukasović, Darko Martinov
DROPSHIPPING AS A NEW MODEL OF E-COMMERCE
Internet sales grows more and more every day and it becomes one of the more popular kinds of the trade in the World but in our region as well. Especially since it enables trade without time and location boundaries, fast and simple payment and delivery to home address. Internet trade from business entities to end users (B2CBusiness to Consumer...
By Darko Vaselić
EFFICIENCY OF GOVERNMENT AND CORRUPTION CONTROL AS DETERMINANTS OF INFLUENCE OF FOREIGN DIRECT INVESTMENTS
The paper examines the impact of government efficiency and corruption control as two of a total of six partial indicators of the World Bank's perception of the quality of public governance (World Governance Indicators) on foreign direct investment (FDI) inflows from the Western Balkans (WB) from 2010 to 2019. years. It was concluded that the ...
By Slobodan Cvetanović, Dragan Turanjanin, Aleksandar Kostić
DIGITAL TRANSFORMATION OF THE BUSINESS AND TECHNOLOGICAL ASPECTS OF INTERNATIONAL ECONOMY
Digital revolution and globalization have drastically been changing the way people think, behave and communicate with one another, as well as their way of functioning and performing business. The new way of creation of knowledge, education and information distribution has changed the economic and business practice on a global level. Interdepe...
By Gordana Prlinčević, Marija Marčetić, Marina Jovović
COMPOSITE INDICATORS OF INSTITUTIONAL QUALITY AND INSTITUTIONAL CHANGES
The paper examines the impact of government efficiency and corruption control as two of a total of six partial indicators of the World Bank's perception of the quality of public governance (World Governance Indicators) on foreign direct investment (FDI) inflows from the Western Balkans (WB) from 2010 to 2019. years. It was concluded that the ...
By Slobodan Cvetanović, Slobodan Cvetanović, Aleksandar Kostić
STABILITY OF THE CURRENCY BOARD SYSTEM OF BOSNIA AND HERZEGOVINA
This paper deals with the topic of definition, structure, goal and stability of the currency board system in Bosnia and Herzegovina with the main focus on the eventual stability of the system itself. The currency board system is an alternative to traditional central banking, in which the monetary authority or central bank issues a domestic cu...
By Mirjana Radaković, Mladen Ivić
IMPLICATIONS OF THE UKRAINIAN CRISIS ON THE ECONOMY AND BUDGET OF THE REPUBLIC OF SRPSKA
The paper investigates the impact of the Ukrainian crisis on the economy and budget policy in the Republic of Srpska. In the absence of statistical series and due to the variability of key parameters, in circumstances when it seems that the established models of international economic flows are growing, for analysis we have in mind the compar...
By Ljiljana Jović, Mladen Ivić