Critical Success Factors of Small and Medium Enterprises in Forestry and Wood Industry in the Južnokuèajsko Forest Region

Nedeljković, Jelena; PODUSKA, Zoran; KRGOVIC, Danilo; Nonić, Dragan

doi:10.17707/agricultforest.68.1.04

Cited by 2 publications

(1 citation statement)

References 16 publications

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“…In the theoretical observation of the application of new forms of control in agricultural enterprises, it can be noted that top managers used the available resources that existed in the enterprises insufficiently efficiently (Moore, 1998;Nedeljković et al, 2022;Nožinić et al, 2022;Popović et al, 2022).…”

Section: Resultsmentioning

confidence: 99%

Implementation of Internal Control Mechanisms and the Possibility of Improving Financial Management in Large and Medium-Sized Agricultural Enterprises

Bakmaz¹,

Bjelica²,

POPOVIC³

2023

AgricultForest

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Countries in transition should encourage internal processes to improve management in all business segments. One of the ways to improve this is the introduction of internal control mechanisms. This way of dealing with internal factors requires a new organization, resources necessary to cover the basic and extraordinary costs of introducing internal control mechanisms, as well as additional training of employees in those entities. This paper deals with the application of three forms of internal control mechanisms, i.e. internal audit, internal control and the combination of these two forms with financial management and control. The intention was to discover the synergistic effects in large and medium-sized agricultural enterprises arising from the use of internal control factors. The obtained results are far more positive than expected, especially those related to the generation of income in terms of the size of the company and the established internal control mechanism.

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Section: Resultsmentioning

confidence: 99%

Implementation of Internal Control Mechanisms and the Possibility of Improving Financial Management in Large and Medium-Sized Agricultural Enterprises

Bakmaz¹,

Bjelica²,

POPOVIC³

2023

AgricultForest

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Business processes and activities of small and medium-sized enterprises for procurement, processing and selling of non-wood forest products in the Toplicko and Moravsko forest region

et al. 2022

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The entire operation of an enterprise is carried out through business processes. They represent a set of business activities, which transform available resources into results (outputs), such as a product or service. When it comes to non-wood forest products (NWFP), the business of small and medium-sized enterprises (SMEs) is based on procurement (col?lection and buying), processing and/or selling of these products. A very important aspect of SME business is cooperation with other enterprises. Cooperation can be achieved in procure?ment, production, placement, research, training, etc. This research aims to study business processes and activities, with a focus on the cooperation of NWFPs-based in the Toplicko and Moravsko forest regions. The methods of analysis and synthesis and the statistical method were used. Data collection was conducted using face to face survey with representatives of 28 NWFPs-based enterprises in March 2022. Research results indicate that the majority of SMEs perform business processes related to the procurement, processing and selling of NWFPs. The most common form of purchase is at own purchase stations (96.4%) and with collectors coming to companies (92.9%). Most enterprises do not perform secondary processing of products, but neither do they export. The most common form of placement is to ?other processors?. All analysed SMEs cooperate with other companies, but their representatives are also interested in improving that cooperation. There is a need for the improvement of business processes and the development of cooperation between NWFPs-based SMEs in selected forest regions, to increase their competitiveness.

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Critical Success Factors of Small and Medium Enterprises in Forestry and Wood Industry in the Južnokuèajsko Forest Region

Cited by 2 publications

References 16 publications

Implementation of Internal Control Mechanisms and the Possibility of Improving Financial Management in Large and Medium-Sized Agricultural Enterprises

Implementation of Internal Control Mechanisms and the Possibility of Improving Financial Management in Large and Medium-Sized Agricultural Enterprises

Business processes and activities of small and medium-sized enterprises for procurement, processing and selling of non-wood forest products in the Toplicko and Moravsko forest region

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