Located in Southeast Europe, Bosnia and Herzegovina suffered from the negative trade balance. There is an increase of export performance; however, the import value is much higher exceeding the export value. To solve that issue, this research aims to investigate regional determinants and its impact on export competitiveness of manufacturing industry in Canton Sarajevo, the center of economy of Bosnia and Herzegovina. Regional determinants assessed are foreign ownership, urbanization, and localization. Regression analysis using SPSS software was conducted. Type of manufacturing industry, urbanization, and localization were the independent variables, meanwhile export competitiveness was the dependent variable. Type of manufacturing industry shows positive impact on export competitiveness. There are 94 out of 490 exporting companies in Canton Sarajevo that belong to manufacturing industry. Out of 94 companies, the most represented companies are fabricated metal products. The manufacturing industry plays a significant role to the export competitiveness in Canton Sarajevo. The biggest urbanization ratio percentage was 23.08% in 2018. The biggest localization ratio percentage was 9.33% in 2016, meaning that localization dropped in years. According to the export incomes data, results show that a small municipality, such as Ilijas, gains the biggest export incomes. The regression analysis shows positive linear correlation between variables.
Exports play an important role in the economy of Bosnia and Herzegovina, influencing the level of economic growth, employment and the balance of payments. The objective of this research is to analyze impact of the firm size (revenue and number of employees) on export performance in manufacturing sector in Bosnia and Herzegovina. These are performed to test whether the firm size has a positive effect on the export performance. Secondary, audited financial performance data of 4077 manufacturing companies, covering the period from 2012-2017 were analyzed. A knowledge gap is clearly visible since Bosnia and Herzegovina is still having more imports than exports, which is resulting in negative trade balance. Descriptive statistics were used in the means of correlation and regression in order to analyze impact of firm size on the export performance and provide the evidence that firm’s characteristics, such as size and revenue have impact to the export performance of manufacturing companies in Bosnia and Herzegovina. Results confirmed the main hypothesis that the firm size has a positive effect on the export performance in manufacturing companies in Bosnia and Herzegovina. Those results are expected to help and guide governments and companies in Bosnia and Herzegovina behave and make significant changes when it comes to exporting. Since no similar research was previously conducted in the country, it will be a contribution to the poorly developed research area. Further research should explore related topics such as impact of industry on competitive advantage in international trade.
Financial health of nonprofit sector, as a third sector of each economy, is the least developed one. Since nonprofit organizations are registered at various country levels in Bosnia and Herzegovina, there is no one central register and it is very difficult to discuss about an organized nonprofit sector. The purpose of this study is to provide an overview of the sector’s financial distress by using financial ratios. The sample includes 215 nonprofit organizations registered with the Ministry of Justice of BiH, which submitted financial statements for 2015, 2016, and 2017. Current, quick, and days of cash on hand ratios were calculated and descriptive analysis was conducted. The results show that there was no significant development in size of organizations throughout the three-year period. They also show large variations between top and bottom 50 organizations through all ratio calculations, meaning that the country has both extremely developed and undeveloped examples. Bottom 50 organizations experienced progress, while top 50 experienced the opposite. Study also portrays distress by organizational size and shows variations in results through the three-year period.
For the past several decades, managerial competencies have been a great idea in theory and practice of management. In the theoretical and practical sense, there have been many difficulties regarding conceptual definition of the term competences, due to many different interpretations. There is no doubt about managerial competencies being result of influence of three constructs which, in the managerial competencies, have been denoted as managerial knowledge, managerial skills and managerial abilities. To execute a complex and demanding managerial work, competences do not serve themselves. Justification of constant development of generic and specific competencies respectively reflects on results which enterprises achieve.
For many companies, planning and executing effective knowledge transfer with external organizations is becoming increasingly relevant. However, the complexity of such processes often results in high failure rates. By taking the perspective of the recipient organization in a knowledge-transfer project, this research aims to identify the antecedents of a recipient project team’s absorptive capacity. Empirical evidence from the case of a multi-national energy company transferring technological and organizational knowledge from its UK to its Swedish subsidiary is combined with findings from prior research in order to develop a set of research propositions.
Introduction: Diabetes is progressive condition which requires various ways of treatment. Adequate therapy prescribed in the right time helps patient to postpone development of complications. Adherence to complicated therapy is challenge for both patients and HCPs and is subject of research in many disciplines. Improvement in communication between HCP and patients is very important in patient’s adherence to therapy. Aim: Aim of this research was to explore validity and reliability of modified SERVQUAL instrument in attempt to explore ways of motivating diabetic patient to accept prescribed insulin therapy. Material and Methods: We used modified SERVQUAL questionnaire as instrument in the research. It was necessary to check validity and reliability of the new modified instrument. Results: Results show that modified Servqual instrument has excellent reliability (α=0.908), so we could say that it measures precisely Expectations, Perceptions and Motivation at patients. Factor analysis (EFA method) with Varimax rotation extracted 4 factors which together explain 52.902% variance of the results on this subscale. Bifactorial solution could be seen on Scree-plot diagram (break at second factor). Conclusion: Results in this research show that modified Servqual instrument which is created in order to measure expectations and perceptions of the patients is valid and reliable. Reliability and validity are proven indeed in additional dimension which was created originally for this research - motivation to accept insulin therapy.
In the stock trading community, a recent growth in number of traders, especially young ones, is quite visible and more and more investors are trying to find one turnkey tool that can work for rookie traders as well as seasoned professionals. The purpose of this research is to analyze one of the proclaimed magic tools of trading called Relative Strength Index (RSI). Researchers plan to examine and analyze a standalone usage of RSI as a sole determinant of investment decisions. RSI indicator is one of the five most popular technical indicators and it is very often used in assessment of stock direction but unfortunately some inexperienced investors are relying too much on this one tool and use it for analysis and trading of various securities. Secondary data will be used to analyze the signal strength and profit relation using regression and paired sample t-test. The outcome of the study portrays that RSI indicator is highly unreliable due to a very weak coefficient of determination; hence the tool should be used only when coupled with other technical analysis indicators. The main limitation of this study is in its breadth so in the future it could be used more widely across industries and various types of companies.
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