HOW INNOVATIVE LEADERS COULD ENCOURAGE CREATION OF NEW VALUES IN THE ORGANIZATION
The leaders of the new generation include Generation Y (1980-1995) and Generation Z (1996 – 2010) as the biggest working force today. Methods: two qualitative and two ethnographic research were conducted (2015 and 2021) with a group of 30 leaders of Generation Y and 30 leaders of Generation Z. The leaders were representatives of compani...
By Tatjana Mamula Nikolić
TOURISM AND ENVIRONMENT
Given that the foundations of future tourism development rely on sustainable development, it is also the basis of strategic planning for tourism development, in which geospaces play the most important role. Accordingly, the tourism industry must respect the principles of sustainability in the planning, design and implementation of travel prog...
By Denis Stojkanović, Lazar Ivanov
FINANCIAL RATIO ANALYSIS OF THE GASTRONOMY COMPANY “UGOSTITELJSTVO - SIMIĆ M”: CASE STUDY
There is great potential for financial indicators (ratio numbers) to be a useful analytical tool for investors and other stakeholders. In financial analysis, financial ratios are used as a standard for assessing the financial condition and performance of a company. The ratio analysis includes an evaluation for a useful interpretation of the f...
By Vujić Milan, Tamara Vujić, Jelena Stojanović Alcaraz, Stefan Milojević, Jovan Travica
THE ROLE OF TOUR OPERATORS AND HOTELS IN THE SUSTAINABLE TOURISM DEVELOPMENT
The issue of environmental protection is becoming an integral part of living an environmentally conscious citizens, who expect to travel product meets the standards of "extra" quality that relates to compliance with environmental standards. Implementation of the strategy of sustainable development in the business practice demand harmony with ...
By Marija Dragičević Ćurković
GREEN MARKET CLASSIFICATION-THE CASE OF DUBROVNIK
The subject of the research is the classification of the "green consumer" market in the area of Dubrovnik. The aim of this paper is to present the segments of green consumers and to determine the level of knowledge about ecological products and services in the area of Dubrovnik. For the purpose of the paper the secondary and primary data have...
By Marija Dragičević Ćurković, Antonija Grgat
INNOVATIVE CAPACITY OF THE WESTERN BALKAN COUNTRIES AS A LIMITING FACTOR OF THEIR ECONOMIC GROWTH
The ability of the national economy to create and valorize knowledge into innovation signifies its innovation capacity. Based on its own methodology, the aim of the paper is to: a) calculate the index of the Innovation capacity index of the European Union and the Western Balkans as an average of the value of the Research capacity index, Techn...
By Andrea Andrejević Panić, Aleksandar Kostić, Slobodan Cvetanović
THE IMPORTANCE OF COMMUNICATION SKILLS IN MODERN BUSINESS
Good communication is a precondition for successful management, ie its basic functions, leadership and coordination. It has long been known that quality, clear and focused communication is the basis of a successful business. Despite this, to the study of business communication is not given enough attention and space in formal education. It is...
By Ljubomir Zuber
THE CONCEPT OF REAL EXCHANGE RATE AND STRENGHTENING THE COMPETITIVENESS OF THE ENTERPRISE AND THE STATE AS A PRECONDITION FOR OVERCOMING THE CRISIS AND THE ELIMINATION OF IMBALANCE
Management of foreign exchange policy is complex activity for the leaders of economic policy and it cannot be autonomous, but has to be aligned with other measures of economic policy ( policy of managing demand, trend of monetary aggregates,export offer,etc.). Deficits from the trade balance, with constant overvaluing of local currency and in...
By Dejan Grujić
DIGITAL BUSINESS TRANSFORMATION IN THE CONDITIONS OF THE COVID-19 PANDEMIC IN THE REPUBLIC OF SRPSKA
The process of digital business transformation is present today in both, developed and less developed economies. This process is primarily reflected in the application of modern information and communication (ICT) achievements, in performance of business processes in all branches of the economy, and public administration. This has enabled the...
By Mihajlo Travar, Saša Ristić, Igor Dugonjić
COMPETITIVENESS IN MODERN BUSINESS PRESENTED THROUGH BASIC STRUCTURAL INDICATORS OF BUSINESS OPERATIONS OF ENTERPRISES AND ENTREPRENEURS: THE CASE OF THE REPUBLIC OF SRPSKA
In order to determine the competitiveness in the global market, for the purposes of this paper, secondary collected data of basic structural indicators of business of companies and entrepreneurs from the Republic of Srpska for the period from 2017 to 2019 were used. They were processed by descriptive statistics, and in order to determine the ...
By Mirjana Milovanović, Ružica Đervida, Branka Marković