Influence of external factors on business of companies in Serbia Cover Image

Influence of external factors on business of companies in Serbia
Influence of external factors on business of companies in Serbia

Author(s): Marko Janković, Milan Mihajlović, Tamara Cvetković
Subject(s): Business Economy / Management, Accounting - Business Administration
Published by: Društvo ekonomista "Ekonomika" Niš
Keywords: Business environment; Company; External factors;

Summary/Abstract: Business environments can be internal and external. In this paper you will see how external business environments affect business enterprises. They can affect business results positively or negatively. Empirical research was conducted on 60 companies in Serbia. The results show that the external environment is not influencing their businesses favorably. The most negative factors are political. In order to eliminate the negative impact of these factors, it is necessary for the government to take certain measures.