PEST Analysis of Serbia
AbstractThe main purpose of this paper is to examine the impact of the current Serbian macro-environment on the businesses through the implementation of PEST analysis as a framework for assessing general or macro environment in which companies are operating. The authors argue the elements in presented PEST analysis indicate that the current macro-environment is characterized by the dominance of threats and weaknesses with few opportunities and strengths. Consequently, there is a strong need for faster implementation of structural changes in order to eliminate or minimize the impact of weaknesses and threats of the current macro-environment and create more favorable business climate that would enable companies to formulate effective strategies and to raise their business performances.
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Bibliographic InfoArticle provided by Institute of Economic Sciences in its journal Economic Analysis.
Volume (Year): 45 (2012)
Issue (Month): 1-2 ()
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Pest analysis; Serbia; business climate; macro-environment; strategic management; enterprises;
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- M11 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - Production Management
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