Analysis of the financial position of enterprises in privatization in the agricultural sector in Serbia

Privatization as a phase of the transitional process also included agriculture. The most attractive enterprises in agriculture, primarily in the food industry, were privatized in the first wave, while the process of privatization of other less attractive companies was slowed down and implemented mainly by the auction model. The remaining companies waiting for the privatization process are not attractive and there are problems that are expressed through poor financial position and relatively low potential. An exception is made by PKB Corporation, which has a potential and relatively stable market, making this company an acceptable option for investors. The financial position of the companies that are ready for privatization at this moment and which is one of the factors of negative influence on the decision of the investor was analyzed using the Altman Z'-score model, the Kralicek Quick test and the balanced growth model. All tests have shown that the analyzed companies are in a bad financial position and that the future investor will have to invest significant funds in financial consolidation, balancing cash flows and investment in order to ensure adequate development and efficient business

Methods of research and marketing in tourism development

Within that context, marketing and research are becoming more important for the development of tourist pursuits, all for the purpose of increased demands for the own destinations. The basic question is oriented to the course and factors that are to be explored and analyzed towards needs of the development of tourism. Results achieved through the experiences of many high-developed economies show that those subjects who have applied an appropriate marketing and exploring in due course, achieve better and faster development.

RESEARCH ON READINESS FOR JOB CREATION THROUGH ONE’S OWN AGRIBUSINESS STARTUP

This paper examines the problems of jobs, employment, staff hiring in the agriindustrial complex, job description and requirements, theoretical and practical job cost indicators, and the willingness of our people to create new jobs by starting up their own private agribusiness. The results indicate a chronic lack of private funds necessary for every new business as well as the inevitability of borrowing. Potential entrepreneurs know the advantages and the disadvantages of solo and partnership business; however, they do not have any potential partners in sight. Almost a half of them have their own facilities and arable land etc. as a material base; however, they do not know what else is needed for a business to operate properly. In general, they understand the importance of education and training for any future business

RAZVOJNI ASPEKTI TURISTIČKE DELATNOSTI

Autori: Prof. dr Boško Vojnović, Prof. dr Drago Cvijanović, Prof. dr Vidoje Stefanović Izdavač: Institut za ekonomiku poljoprivrede, Beograd, 2012 Urednik: Prof. dr Drago Cvijanović, direkto

THE INFLUENCE OF BUSINESS INFORMATION SYSTEMS ON SERBIAN COMPANIES BUSINESS PERFORMANCES

Industrial era has been replaced with the information era of development. Under such influences of surroundings, all the companies have been forced to introduce information systems in their organizations in order to be competitive. Since Serbia technologically tags along the developed part of Europe and bearing in mind that adjusting to changes is the condition of success, this paper aims at answering the question: how many companies in Serbia have an information system, when and how was it introduced and which fields of business were integrated in that way? We came to the conclusion that all the interviewed business subjects use the information system to a greater or lesser extent and mostly for the needs of accounting, sales and supply and that in most cases all fields of business were integrated into a unique IS, which led to the notable savings in business

RESEARCH IMPACT OF CRISIS MANAGEMENT OF DOMESTIC COMPANIES

In Serbia, as well as the worldwide economic crisis is certainly there. Stage of the crisis has reached the level where emergency measures are necessary for its resolution. With a view to determine the effects of economic crisis on the Serbian companies, the number of 80 businesses of various sizes and forms of ownership. Results indicate that the fear of crisis and decline in sales of products and services. The deterioration in business conditions are mostly influential external factors or in conjunction with the internal. Since environmental factors are most influential in the deterioration of business conditions throughout the economy and reduced purchasing power, and the internal error management

Adjusting tourist destination marketing strategy according to the changes in the environment: Case study Bukovicka sSpa

Tourist destinations are compelled to create new business opportunities constantly in order to respond to the challenges that arise under the influence of a number of changes in the environment. Few of them are supporting the requirements for analyzing and creating a sustainable business and marketing strategies. The paper starts with the analysis of relevant theory and practice in decisionmaking and choosing the marketing strategy of the tourist destination, pointing to the importance of continuous adjustment of marketing strategy in order to improve the business performance and competitive advantage. A new approach to the design and management of market relations, as well as the need for adjusting marketing strategies to the changes in the environment, is presented in the case of Bukovacka Spa. In deciding, great emphasis is placed on the role and importance of innovation in marketing approaches as well as on the need to develop socially responsible marketing in order to improve its business performance and response to changes in the environment and more successfully positioning

Ekonomska i agronomska analiza gajenja krastavca po principima konvencionalne i organske biljne proizvodnje

Contemporary agro-technology enables high and stabile yield of slicing cucumber throughout the whole year. This study deals with total costs of production, yield per surface unit and the main parameters of profitability of producing slicing cucumber in the greenhouses and in the open field in conventional and organic farming system. Growing cucumbers in the greenhouses and in accordance with the principles of organic farming are the main conditions for higher prices in the market. The highest total costs (820.00 EUR/are) but also the highest gain (225.00 EUR/are) was realized in producing slicing cucumber both in the greenhouse in the organic farming system. Financial losses were recorded when growing cucumbers in the open field despite lower costs, both in organic and conventional system of growing: 29.00 EUR/are, i.e. -15.00 EUR/are, respectively. The business rate of profitability and the coefficient of cost-effectiveness were higher in growing cucumber in greenhouses in both concepts of production.Savremenim agrotehničkim merama može se postići visok i stabilan prinos svežeg salatnog krastavca tokom cele godine. U radu su prikazani troškovi proizvodnje, prinos po jedinici površine i osnovni pokazatelji profitabilnosti proizvodnje salatnog krastavca u zaštićenom prostoru i na otvorenom polju, u konvencionalnom i organskom sistemu zemljoradnje. Gajenje u zaštićenom prostoru i u skladu sa principima organske zemljoradnje, proizvođačima omogućava postizanje viših cena na tržištu. Najveći troškovi 820 EUR/a, ali i najveća dobit 225 EUR/are, ostvareni su pri proizvodnji salatnog krastavca u zaštićenom prostoru u organskom sistemu gajenja. Pri gajenju krastavca na otvorenom polju, uprkos nižim troškovima zabeležen je gubitak i u organskom i u konvencionalnom sistemu gajenja, -29 EUR/are odnosno -15 EUR/are respektivno. Vrednosti stope rentabilnosti poslovanja i koeficijenta ekonomičnosti bile su veće pri gajenju krastavca u zaštićenom prostoru kod oba koncepta biljne proizvodnje

ECONOMIC AND AGRONOMIC ANALYSIS OF CONVENTIONAL AND ORGANIC CONCEPT OF CUCUMBER GROWING

Contemporary agro-technology enables high and stabile yield of slicing cucumber throughout the whole year. This study deals with total costs of production, yield per surface unit and the main parameters of profitability of producing slicing cucumber in the greenhouses and in the open field in conventional and organic farming system. Growing cucumbers in the greenhouses and in accordance with the principles of organic farming are the main conditions for higher prices in the market. The highest total costs (820.00 EUR/are) but also the highest gain (225.00 EUR/are) was realized in producing slicing cucumber both in the greenhouse in the organic farming system. Financial losses were recorded when growing cucumbers in the open field despite lower costs, both in organic and conventional system of growing: 29.00 EUR/are, i.e. -15.00 EUR/are, respectively. The business rate of profitability and the coefficient of cost-effectiveness were higher in growing cucumber in greenhouses in both concepts of production

The Research on People’s Enterprise Skills in Serbia

In this paper authors analyse the attitudes and the perceptions of potential entrepreneurs from Mačva district in Serbia. The research based on GEM methodology shows that entrepreneurs have only modest enterprise skills. Such results were expected, due to the fact that entrepreneurship as a concept in this region is only in the early stages. Potential entrepreneurs in Mačva need additional training. The results also show that in average they graduated from secondary school and that they differ in age. It has been stated that potential entrepreneurs may play certain roles in their companies, but however, they are not ready to take the leading position yet