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- W1619745374 abstract "Due to overall importance special attention is paid to the theoretical and practical analysis of the performance of small independent retailers. Considering that, this paper analyzes the specifics of economic and financial status of trade entrepreneurs, i.e. small independent retailers in Serbia for 2008 - 2012 period. Despite very complex, i.e. appalling business conditions in Serbia in the last period, the results (of almost all observed indicators) show relatively satisfactory economic and financial position of the trade entrepreneurs in Serbia. In total trade operating income in Serbia in 2012 it participated with 3.81%. In order to improve their economic and financial position in the future they should merge (because of joint procurement and other trading activities execution), apply new concepts of cost management (Toyota's principles of business, above all), the concept of managing relationships with customers and suppliers and modern information technology. (JEL Classification: F65 L81 M40). The research presented in this paper are the determinants of the economic and financial position of entrepreneurs in trade Serbia. The aim and purpose of the present study was to examine the complex impact of the implementation of new business models on the performance of entrepreneurs trafficking in Serbia, including modern technology, especially radio frequency identification (RFID). In contemporary theoretical and practical research due to its importance special attention is paid to the analysis of the performance of small independent retailers. In this context we examine the advantages and disadvantages, problems and strategies of business operations as a function of competing against the large chain retailers. With that in mind, this" @default.
- W1619745374 created "2016-06-24" @default.
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- W1619745374 date "2014-01-01" @default.
- W1619745374 modified "2023-09-28" @default.
- W1619745374 title "The economic and financial status of trade entrepreneurs in Serbia" @default.
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