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Modern Approaches To The Improvement Of Business Process And Business Efficiency

Author

Listed:
  • Ana Pipunic

    (AD PLASTIK d.d.)

  • Dragana Grubisic

    (The Faculty of Economics in Split)

Abstract

The paper analyses the level of modern improvement methods of business process application in Croatian companies that produce for the automotive industry and the influence of modern improvement method process on business success. The choice of companies operating for the automotive industry has been motivated by the fact that these methods were originally created in the industry, especially automotive industry. Therefore, the aim of this research is to determine if and to what extent the companies that produce for automotive industry use the same or similar improvement methods and how they impact the business performance. Due to the influence that modern improvement methods of business process have on business success in industry all over the world, this paper wishes to research: which modern improvement methods of business processes are most developed i.e. which ones are mostly being used in companies that produce for automotive industry; what is their influence on business success in companies analyzed; is there and what is the intensity of relationship between modern improvement methods of business processes and business success; are companies that implement higher number of modern business improvement process methods more successful, and if so, on what basis (effectiveness/efficiency).

Suggested Citation

  • Ana Pipunic & Dragana Grubisic, 2014. "Modern Approaches To The Improvement Of Business Process And Business Efficiency," Economic Thought and Practice, Department of Economics and Business, University of Dubrovnik, vol. 23(2), pages 541-572, december.
  • Handle: RePEc:avo:emipdu:v:23:y:2014:i:2:p:541-572
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    File URL: https://hrcak.srce.hr/clanak/193325
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    More about this item

    Keywords

    improvements; business success; automotive industry;
    All these keywords.

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • L62 - Industrial Organization - - Industry Studies: Manufacturing - - - Automobiles; Other Transportation Equipment; Related Parts and Equipment
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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