FINANCIAL EXPENDITURES OF TRADING ENTERPRISES IN SERBIA

Due to the economic crisis and the risk of doing business, the issue of the efficiency of managing financial expenditure in all enterprises, including trading is raised. It especially relates to the trading enterprises in transition countries, such as Serbia. The comparative research showed that fin...

Full description

Saved in:
Bibliographic Details
Main Authors: Kljenak, Dragana Vojteski, Nikitovic, Zorana, Cogoljevic, Dusan
Format: Conference Proceeding
Language:English
Subjects:
Borrowing
Business
Capital assets
Capital structure
Cash flow
Competition
Competitiveness
Costs
Economics
Efficiency
Expenditures
Foreign exchange rates
Interest rates
Market economies
Neural networks
Procurement cards
Profitability
Profits
Project finance
Risk management
School systems
Stability
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:Due to the economic crisis and the risk of doing business, the issue of the efficiency of managing financial expenditure in all enterprises, including trading is raised. It especially relates to the trading enterprises in transition countries, such as Serbia. The comparative research showed that financial expenditure of trading enterprises in transition countries are incomparably higher compared to the countries with developed market economy. The aim of the research in this work is to envisage the importance of the financial expenditures in modern trade companies, with special insight into Serbia. In contrast to the countries with developed market economy, significantly higher financial expenditures in trading companies in Serbia reflected badly on their performance. Such condition is caused by following factors: high interest rate, indebtedness, high business risk, total financial instability, inadequate strategies and business politics, etc. Regarding this, it is necessary to take all relevant measures so as to increase the competitiveness and the efficiency of managing financial expenditures in trading enterprises in Serbia.
ISSN:1849-6903
1849-6903