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The Importance Of Making Important Business Decisions In Industry From The Aspect Of Growth And Development Of Industrial Enterprises In Transition Countries

Author

Listed:
  • JELENA VITOMIR

    (FACULTY OF BUSINESS AND FINANCE, UNIVERSITY OF BUSINESS STUDIES, JOVANA DUCICA 23A, 78000 BANJA LUKA, BOSNIA AND HERZEGOVINA)

  • MILENA LUTOVAC

    (FACULTY OF ECONOMICS IN BELGRADE, 11000 BELGRADE, SERBIA)

  • SONJA TOMAS-MISKIN

    (ECONOMIC SCHOOL OF BANJA LUKA, KRALJA ALFONSA XIII, 78000, BANJA LUKA, BOSNIA AND HERZEGOVINA)

  • NEMANJA BAROVIC

    (MASTER OF ECONOMICS, TAX ADMINISTRATION OF THE REPUBLIC OF SRPSKA, PRIJEDOR, 79000, BOSNIA AND HERZEGOVINA)

  • DRAZEN VRHOVAC

    (PIO FUND, VOZDA KARADORDA NO. 2 79101, PRIJEDOR, BOSNIA AND HERZEGOVINA)

  • DRAGANA POPOVIC

    (ECONOMIC FACULTY OF SUBOTICA, SEGEDINSKI PUT 9-11, 24000 SUBOTICA, SERBIA)

Abstract

The quality of decision-making in the management of an industrial enterprise depends on the interplay of multiple internal and external factors, which is of great importance to learn in transition countries, as their economies are highly influenced and more dependent on developed economies. Therefore, the importance of studying decision-making in business decision-making is becoming increasingly prominent. This is important for the operation and functioning of an industrial enterprise. Applying valid business decisions can help to make valid and correct top management business decisions. On this basis, it is clear to see the true importance of the connection between making valid decisions of top management of an industrial enterprise and the achieved results of business activities of the enterprise during a certain period of time.

Suggested Citation

  • Jelena Vitomir & Milena Lutovac & Sonja Tomas-Miskin & Nemanja Barovic & Drazen Vrhovac & Dragana Popovic, 2020. "The Importance Of Making Important Business Decisions In Industry From The Aspect Of Growth And Development Of Industrial Enterprises In Transition Countries," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 28-34, February.
    • Handle: RePEc:cbu:jrnlec:y:2020:v:1:p:28-34
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    References listed on IDEAS

    as
    1. Slobodan Popović & Jelena Tošković & Aleksandar Majstorović & Sandra Brkanlić & Andrea Katić, 2015. "The Importance Of Continuous Audit Of Financial Statements Of The Company Of Countries Joining The Eu," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 0, pages 241-246, July.
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