Organizational design based on simulation modeling Petar, Stanojevic; Misita, Mirjana; Zoran, Jeftic ...
International journal of advanced manufacturing technology,
10/2019, Letnik:
104, Številka:
9-12
Journal Article
Recenzirano
This paper deals with an organizational design based on simulation modeling. The purpose the specific methodology is created is based on the following main ideas:
Usage of advanced simulation ...technology—object-oriented and agent-based (OAA) approach for modeling of organizational structure and its functioning;
Usage of modified organizational matrixes (tables) and usable “message objects” to overcome communication system modeling complexity;
Usage of simulation for obtaining quantitative values of the system performance.
The use of the methodology creates possibilities to examine and evaluate organizational changes and opportunities.
Results of the investigation based on the methodology in the real system are presented in a case study.
EFFECTIVE TANGIBLE FIXED ASSETS MANAGEMENT Bukvič, Vladimir
Proceedings of FEB Zagreb International Odyssey Conference on Economics and Business,
06/2021, Letnik:
3, Številka:
1
Conference Proceeding
In this paper, the author investigates some conventional tools and criteria-indicators belonging to business analysis as an empirically oriented scientific discipline, by means of which firms should ...monitor and assess the effective use of their fixed assets. As fixed assets are an element of the business process - and since, according to resource-based theory, they are among the most relevant and biggest resources in terms of value - the author asks how to handle fixed assets in the most economical way possible and how to manage them well. Within this context fall their rational use and optimal exploitation. These questions can be answered by means of indicators such as operating leverage (OL), the rate of return of total assets (ROA), depreciation as an average fixed cost (AFC), and overall equipment effectiveness (OEE). The answers are additionally clarified and supported by calculations of these criteria-indicators on the examples of several concrete cases from the real economic sector. Finally, the author suggests raising awareness among managers and educating them so they may view fixed assets differently than before and increase control over their exploitation in order to manage them properly and use them effectively.
Both of them have been fully accepted. Besides sales revenue, and therefore the net profi t that are meant to fi ow into the company due to the company's fi nancing of its sports club, also the ...opportunity costs of work due to potential job losses that could arise and charge the country (external damage) - in this case we are speaking of Pigou's social (general) costs - have been considered in the assessment of the X Company's benefi ts. ...a cost-benefi t analysis can be a very appropriate tool and technique for assessing the economic viability of those economic operators' business decisions whose effects do not appear immediately and directly on increasing profi ts and the value of the assets, but can indirectly affect the performance of the company and provide it with sustainable development, the latter in particular in terms of the company's social responsibility. ...the major fi ndings from the empirical case are summarized and some new starting-points for further research in this fi eld are given as well.
Author sets out financial flexibility as one among the key factors that have a certain impact on firm investment ability. Although there are a lot of different definitions and meanings behind this ...term, he resumes its definition as a firm ability to exploit the opportunities without jeopardizing its rating. By rating is meant an assessment of all kinds of risk to which a firm is exposed. Author connects financial flexibility to his conceptual model, which can be demonstrated as an ability to fund the growth, i.e. ability to provide additional net working capital, and to fund new fixed assets.
Athough Slovenia has a relatively high proportion of employees and value-added in its high-technology manufacturing compared to the EU average, innovation among SMEs is relatively low. In this paper ...we study the policies that have been put in place to transfer knowledge from higher education institutions to SMEs to boost their innovative performance. We find that policies to promote university spin-offs and technology parks have fallen short of the expectations and that policies to facilitate the creation of business networks and clusters, although more successful in transferring knowledge to the business sector, have favoured larger firms. PUBLICATION ABSTRACT
FINANCIAL BARRIERS TO SME GROWTH IN SLOVENIA Bukvic, Vladimir; Bartlett, Will
Economic and business review for Central and South-Eastern Europe,
10/2003, Letnik:
5, Številka:
3
Journal Article
Recenzirano
Odprti dostop
This paper is based on the findings of a research project (Phare ACE 1997) that aimed to identify the critical barriers to small business growth and development in Slovenia, Bosnia and Macedonia. ...Within this paper the authors limit themselves solely to financial barriers to SME growth in Slovenia as being the most important ones besides fiscal barriers. The research was based on a sample survey of more than 200 Slovenian SMEs carried out in autumn-winter 2000/ 01. Among financial barriers, some specific issues such as the high cost of capital, high collateral requirements, and banks' bureaucratic procedures were highlighted as worrying constraints. The key barriers to growth identified in the research also included other factors linked to financial constraints, like customers' late payment of bills and inadequate information on finance. Slovenia's membership in the EU may ameliorate some of these problems by opening up greater access to global capital markets. But the research suggests there will be a continuing need to develop and implement more effective policies to ease financial constraints facing SMEs and to thereby enhance job creation, competitiveness and innovation in Slovenia. PUBLICATION ABSTRACT
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