Selection of organization models and creation of competences of the employed people for the sake of competitiveness growth in global business environment

Abstract

This paper is a result of its author's work, whose goal was to examine the role of globalization in the change of organization models and intensification of its competitiveness, following trade liberalization. In addition, the goal was to define competitive advantages, which the companies have to develop in order to survive in a highly competitive global market. The study has shown that market expansion does not mean that only big business subjects will be able to make a profit. Also, the analysis has shown that there is no correlation between a big market and success of big businesses. In other words, globalization rewards the companies which are innovative and competitive, regardless of the company's size and country of origin.

Regional Entrepreneurship, Business Environment, and High-Quality Economic Development: An Empirical Analysis of Nine Urban Agglomerations in China

“…The relationship between the business environment, the scale of financial services, innovation, regional entrepreneurship, and high-quality economic development is complex. In theory, the business environment, the scale of financial services, and the improvement of the entrepreneurial environment will improve the regional entrepreneurial situation and enhance economic development ( Radović-Marković et al, 2019 ; Jang et al, 2020 ; Pradhan et al, 2020 ; Srivastava et al, 2021 ). However, the study found that due to regional heterogeneity, not all of the above three factors have a positive effect on regional entrepreneurship and quality economic development.…”

“…Many factors affect the development of entrepreneurship ( Castaño et al, 2015 ; Aparicio et al, 2016 ; Tur-Porcar et al, 2018 ; Cervelló-Royo et al, 2020 ; Méndez-Picazo et al, 2021 ). Many scholars have studied entrepreneurial development depending on the business environment to increase the number of entrepreneurs and the rate of business growth ( Sattari and Mehrabi, 2016 ; Khan et al, 2019 ; Radović-Marković et al, 2019 ; Jang et al, 2020 ). Other researchers have explored the positive effects of financial development on promoting entrepreneurship ( Civera et al, 2017 ; Léon, 2019 ; Hommel and Bican, 2020 ; Liu et al, 2020 ; Srivastava et al, 2021 ; Charfeddine and Zaouali, 2022 ).…”

The Effect Of The Financial Crisis On Export Competitiveness In Indonesia

“…Economic relations between countries are factors that influence the economic development of each country (Zafar, Shahbaz, Hou, & Sinha, 2019). This condition causes competitiveness as one of the factors that determine competition between countries in order to benefit from the opening of international trade (Radović- Marković, Salamzadeh, & Vujičić, 2019). The rupiah exchange rate (exchange rate) is very influential on Money enters Indonesia in foreign currencies as a result of export-related activity and transactions (Nurwulandari, Hasanudin, & Budi, 2021).…”

The Nexus between Extrinsic Motivation and Employees’ Retention; Do Compensation Packages and Flexible Working Hours Matter?

“…Avoiding this key issue and accomplishing the strategic objectives of a firm depends on the organization's capacity to give its employees all the qualities that make them dedicated to it, as well as its ability to recruit, retain, and motivate talented, qualified, and satisfied people. The company's success depends on these employees, who form the backbone of the organization (Radović-Marković et al, 2019).…”