Developing a model for improving business and competitiveness of domestic enterprises

Bakator, Mihalj; Đorđević, Dejan; Ćoćkalo, Dragan

doi:10.5937/jemc1902087b

Cited by 22 publications

(14 citation statements)

References 11 publications

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“…Recently, special attention has been paid to Industry 4.0, which is based on the implementation and application of information and communication technologies (ICT). According to Bakator, Đorđević and Ćoćkalo (2019), globalization and the fourth industrial revolution -Industry 4.0, bring challenges for SMEs. Thus, the presence on the international market requires the application of adequate quality management system, the application of ICT and the modern manufacturing equipment.…”

Section: Contemporary Business and Information Technologiesmentioning

confidence: 99%

Information technology as an indicator of the level of organizational performance

Mitić¹,

Jovanka²,

Poštin³

et al. 2021

JEMC

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This paper presents the results of research into the impact of information technology (IT) on individual and organizational performances in companies in Serbia: job satisfaction (JS), communication satisfaction (CS), organizational commitment (OCM), organizational trust (ITW), organizational learning (OL) and financial performance (FP). The data were obtained from a questionnaire completed by N = 380 middle managers from 102 companies in Serbia. The methods used for statistical data processing were: descriptive statistics, correlation analysis and the t-test. The main conclusions of the study are: 1. Information technology items in companies in Serbia are slightly above average values. 2. The level of information technology in the company is an indicator of the level of organizational performance in the company. 3. The level of information technology in the company has direct and indirect positive impacts on the level of a number of organizational performances in the company.

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Section: Contemporary Business and Information Technologiesmentioning

confidence: 99%

Information technology as an indicator of the level of organizational performance

Mitić¹,

Jovanka²,

Poštin³

et al. 2021

JEMC

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“…After 3 months, and two reminders, 30 companies answered. The companies from transitional economies, and Serbia among them, have numerous problems with quality of their business and productivity (Bakator et al, 2019) and they are not usually willing to answer questionnaires in high percents (Karapetrovic & Spasojevic-Brkić, 2014), so the obtained response rate is not surprising. An average value of number of employees in participating companies amounts 276.…”

Section: Resultsmentioning

confidence: 99%

Novel risk management integrated model implementation: Comparison between manufacturing and service companies

Alheriani¹,

Spasojević-Brkić²,

Perišić³

2021

JEMC

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Till now a framework to define a common and unified standard model for integrated risk management systems, which is suitable to be used in all contingency factors settings, has not been found. For this reason, as the main objective of applying the standards of management systems in the organizations is to determine the risk that affects the ability of the organization to achieve its goals and desired results in addition to organizing and coordinating all operations and the optimal use of resources, the purpose is to develop an integrated risk management model for standardized management systems with growing trends such as ISO 9001:2015, ISO 14001:2015, ISO/IEC 27001:2013, ISO 45001:2018 and ISO 22000:2018 with the aim to allow organizations to manage their operations and risks appearing in a manner that reduces the use of available resources and improves the overall performance. Novel risk management integrated model in standardized management systems has three levels - correspondence, coordination and integration and putting in place a clear and structured approach to control of organizational risk. Proposed model has been checked empirically to survey contextual independence of proposed model using Mann-Whitney U*test and it has been proved that the model is context free and applicable to companies from different sectors - both in production and service companies.

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“…The globalization of markets and the changes that are brought on by the fourth industrial revolution -Industry 4.0 significantly affect the process of achieving and maintaining competitiveness on the market, regardless of industry (Bakator et al, 2019). This lack of competitiveness of domestic enterprises is evident in the agro-food sector as well.…”

Section: Methodsmentioning

confidence: 99%

Agriculture 4.0 and improving competitiveness of the domestic agro-food sector

Bešić

Bakator

Đorđević

et al. 2021

Ekonomika poljoprivrede

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The domestic agro-food sector has an important role in economic development and in overall GDP growth. The concept of Agriculture 4.0 that integrates the use of information-communication technologies presents a direction in which the domestic agriculture sector should focus. Additionally, besides conducting business within the frameworks of Agriculture 4.0, the standardization of processes in the agro-food sector can also contribute to achieving competitiveness on the globalized market. In this paper the importance and number of ISO standards are investigated. In addition, factors and indicators that characterize Agriculture 4.0 are analysed. Based on the collected and analysed data, a unified competitiveness factor (UCF) is calculated for the period from 2017 to 2020. The UCF provides and overview on the potential competitiveness of the domestic agro-food sector. The paper contributes to the existing body of literature as it managed to provide a strong basis for future research in this domain.

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Developing a model for improving business and competitiveness of domestic enterprises

Cited by 22 publications

References 11 publications

Information technology as an indicator of the level of organizational performance

Information technology as an indicator of the level of organizational performance

Novel risk management integrated model implementation: Comparison between manufacturing and service companies

Agriculture 4.0 and improving competitiveness of the domestic agro-food sector

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