THE IMPACT OF GLOBALIZATION OF THE WORLD MARKETS AND ECONOMIC CRISIS ON THE START-UP AND DEVELOPMENT OF SMALL BUSINESSES IN BOSNIA AND HERZEGOVINA - COMPARATIVE ANALYSIS COMPARED TO AUSTRIA AND OTHER COUNTRIES OF THE EUROPEAN UNION
In order to survive or develop their entrepreneurial activities, entrepreneurs must also undertake activities in the markets of other countries, thus globalizing economic activities. When entering the global market, an entrepreneur must choose the right strategy. Small and medium-sized enterprises aspire to have a good market and financial position...
By Emir Šahman
KNOWLEDGE AS A KEY RESOURCE OF COMPETITIVE ADVANTAGE
The hypothesis is that in order to realize a competitive advantage based on knowledge, it is necessary to articulate the mission, vision and appropriate strategy and to determine the key activities of the company on the basis of them. They must be systematically supported by all business processes. The functioning of the core activities depends on ...
By Đuro Horvat, Leo Ivanjko
LEGAL FRAMEWORK FOR IMPLEMENTATION OF EU LAW IN THE FIELD OF CONSUMER LAW
One of the main policy areas of the European Union and a key element of the internal market is a consumer protection policy that protects consumers' security and economic interests, while keeping in mind Bosnia and Herzegovina's aspirations to join the European Union, harmonizing consumer protection standards in Bosnia and With standards in the Eur...
By Selma Otuzbir, Amir Mešinović
ANALYSIS OF THE CRISIS IN AGROKOR - ECONOMIC AND LEGAL CONSEQUENCES ON THE REGIONAL MARKET WITH A SPECIAL FOCUS ON BOSNIA AND HERZEGOVINA
Irrational expansion of the trading network, poor economic valuation and excessive borrowing are the causes of the problem. The Agrokor business, the Todoric family, led by its founder, Ivic Todoric, was based on undisciplined lending of money in the market. Agrokor was rapidly expanding in Croatia and the region without control and control, so cos...
By Ibrahim Jusufranić, Amira Delić
MODERN TRENDS OF EXTERNAL AND INTERNAL SEGMENT FINANCIAL REPORTING
Segmental financial reporting is crucial for realizing the lasting competitive advantage of an entity. Modern business conditions require businesses to adapt and enhance the organization's business performance and specifics to survive in the market. In order to increase the efficiency of management and decision-making in large business entities, th...
By Sanela Salkić, Lejla Skopljak, Muhamed Bajrić
THE USE OF METAL-CONTAINING POLYMERS IN THE AUTOMOTIVE INDUSTRY
Modern machine building requires expanding the range of wear-resistant materials possessing strong exploitation characteristics. In this respect, obtaining new polymer composite materials is of great interest. Such materials have been developed based on thermo resistant polyamide S-1 by means of introducing powder-like carbonyl nickel. The composit...
By Aleksandr I. Burya Dniprovsk, Yekaterina A. Yeriomina, Igor I. Polovnikov, Aleksandr F. Morozov
THE USE OF RFID TECHNOLOGIES IN PRODUCTION OF POSTAL SERVICE
:RFID is a technology that uses a technique of frequency radio waves to exchange data between the reader (eng. Reader) and a device called tag (eng. Transponder). Tag contains a silicon microchip and an antenna. The antenna emits radio waves and thus sends the data to the microchip that the reader through the entries in the computer. The transponde...
By Almedina Hatarić, Jasmin Jusufranić, Mirano Jupić, Jasna Kuljanović
THE MISSION AND VISION AS THE BACKBONE OF STRATEGY DEVELOPMENT OF THE HIGHER EDUCATION INSTITUTIONS
In short, the strategy is a way to achieve the objectives, so under the strategy it is usually considered long-term planning behaviour of some companies in order to achieve the set goals. It defines a way how to use individual resources to take advantage of creating desired effects. Otherwise, by strategic planning company tries to answer a five qu...
By Nikola Kuvačić, Alisa Salkić, Lejla Skopljak
REGIONAL COOPERRATIONS OF THE WESTERN BALKANS AND THE INFLOW OF FOREIGN DIRECT INVESTMENTS
The main precondition for successful economic development of every economy in modern conditions business, includes availability of sufficient financial resources which would funded a successful and sustained economic growth and development. Having in mind that the financial capital is very limited resource and that many countries do not have in suf...
By Maida Bećirović, Azra Bećirović
FISCAL FEDERALISM - THEORETICAL APPROACH
One of the most complex financial functions in state administration is collecting and distributing of fiscal revenues. This matter, besides economic, legal, sociological and demographic aspects includes a number of other aspects. Regulating this matter is an interdisciplinary approach and often it is the main stumbling block in organizing inter-eth...
By Muhamed Bajrić, Lejla Skopljak