• BUSINESS

    Creation of a New Marketplace

    Science. Business. Society., Vol. 5 (2020), Issue 3, pg(s) 96-99

    Creating a new marketplace requires a different template of strategic thinking. Instead of searching within the accepted boundaries that define how we compete, managers can look systematically on them. In addition, they can find a free territory that represents a real breakthrough in value. This section will describe how companies can systematically follow the value of innovation by looking at the defined limits of competition – through alternative industries, through strategic groups, through customer groups, through complementary products and service offerings, through the functional – economic guidance of the industry, and even over time.

  • BUSINESS & “INDUSTRY 4.0”

    SCIENTIFIC-METHODOLOGICAL PROVISIONS OF FORMATION OF A VIRTUAL SEGMENT OF THE INFORMATION MARKET

    Industry 4.0, Vol. 2 (2017), Issue 4, pg(s) 189-192

    Gradually in the world formed a unified information space. There is something that is called “global virtualization”. Author determines virtuality as a phenomenon, which represents the ability to generate creative reality. Virtual market is a market of goods and services that exists on the basis of telecommunication and information capabilities of the global Internet, basic elements of which are: free market access for all comers; equal rights and voluntary participation of all participants; the possible influence of participants on what is happening in the market. Under e-business, we understand the organization or person, in which basic business processes and internal and external communications are made and provided by electronic technology. Today it is not established neither theoretical nor methodological principles of virtual corporations as well as sufficient experience in their creation. The attention of practitioners devoted to the peculiarities of the creation of enterprises with the virtual principles of the organization. The study of trends in the development of the Internet and the possibilities of its application in economic activity also revealed that along with the structural and quantitative changes in this sphere occur the social and economic impacts of telecommunications development.

  • BUSINESS

    PLANNING AS A MANAGEMENT FUNCTION IN MODERN BANKING SYSTEMS

    Science. Business. Society., Vol. 2 (2017), Issue 1, pg(s) 24-26

    Modern business environment for all economic entities any activities poses great conditions in order to survive. Markets characteristic fierce competition. In this context, it is necessary that an adequate selection and application management strategy. When it comes to choosing a strategic direction that recognize the role of strategic management.

    In this paper, the emphasis is on the competition in the financial market, it said – banks such business systems. The same we can say is determined by a simple definition – only banks that have adequate product. The banking product is designed for the customer and meeting their needs. As a large number of banking systems, there is more difficult to be competitive. From this arises the inevitable necessity of innovation range of banking products will best zadovolljiti my clients’ needs. This indicates the necessity of innovation in business and smelling the Bank’s strategy and business planning activities of banks in the role of strategic management.

    The objectives of this study were the citation planning in the planning of the business of banking system.

  • SOCIETY & ”INDUSTRY 4.0”

    POSTAL MARKET DEVELOPMENTS IN SERBIA

    Industry 4.0, Vol. 2 (2017), Issue 3, pg(s) 147-150

    The postal services market is facing big challenges, both on global and national level. Besides e-substitution, a liberalization of the postal market contributes to the greater extent to this phenomenon. The purpose of this paper is to examine a state of the postal market in Serbia and main developments, considering a trend in the number of postal operators, number of services, service diversification, relation between letter and parcel market, etc.