MARKET RESEARCH AS A STARTER OF THE DEVELOPMENT OF REHABILITATION ENTERPRISES

Slobodan Pešević ,
Slobodan Pešević

Faculty of Economics, Independent University of Banja Luka , Banja Luka , Bosnia and Herzegovina

Miloš Grujić ,
Miloš Grujić

Faculty of Economics, Independent University of Banja Luka , Banja Luka , Bosnia and Herzegovina

Ružica Đervida ,
Ružica Đervida
Contact Ružica Đervida

Faculty of Economics, Independent University of Banja Luka , Banja Luka , Bosnia and Herzegovina

Milica Lakić
Milica Lakić

Faculty of Economics, University PIM , Banja Luka , Bosnia and Herzegovina

Received: 16.10.2023.

Accepted: 17.11.2023. >>

Published: 29.11.2023.

Volume 5, Issue 2 (2023)

pp. 50-61;

https://doi.org/10.7251/STED2302050P

Abstract

The word rehabilitation is of Latin origin (sanacio) and means treatment, from the point of view of the economy of the company, rehabilitation means economic and technical-organizational measures that should contribute to the recovery of the company, in the sense of making it liquid and profitable again. A company is considered sick if, in the long run, it is unable to meet its obligations and operates at a loss. The causes of the disease can be external and internal. Financial difficulties, manifested in illiquidity and unprofitability, cause the need for rehabilitation. Initiation of remediation presupposes remediation eligibility, which exists if permanent recovery of the company is possible. Determining the suitability of rehabilitation involves examination and selection of measures, the implementation of which ensures the permanent recovery of the company, in the sense of re-establishing the financial balance and returning to the profit zone.

This paper explores the food industry business market as an example, highlighting the key role of market research in successful economic recovery. Through this example, market research becomes a fundamental framework for identifying the changes that a company needs to implement in its operations in order to become more competitive. The example will show the market research of companies from the food industry. There is no successful economic rehabilitation without market research. This example can serve as a framework for market research, which provides answers to the question of what the company needs to change in its business in order to be more successful than the competition. The research results have significant implications for managers, experts and political decision-makers, providing them with information necessary for effective management of financial crises and ensuring the stability of companies, as well as a faster understanding of the competitive business environment.

Keywords

References

Albuquerque, R., Koskinen, Y., & Zhang, C. (2019). Corporate social responsibility and firm risk: Theory and empirical evidence. *Management Science, 65*(10, 4451–4469.
Baban, L. (2002). Istraživanje tržišta (marketinga) – kao znanost u sustavu znanosti. *Ekonomski Vjesnik, 1,2*(15, 5–17.
Baškot, B., & Grujić, M. (2022). Modeliranje zakonske kazne kamatne stope: slučaj Republike Srpske. *Oditor, 8*(3S, 231–256.
Božić, R. (2002). Restrukturiranje preduzeća u RS. *Poslovni informator (časopis za računovodstvo i reviziju)*.
Dmitrović-Šaponja, L. (2011). *Računovodstvo*.
Erić, D. (2015). Analiza alternativa za finansijsko restrukturiranje privrednih subjekata u Republici Srbiji. In *Strukturne promene u Srbiji: dosadašnji rezultati i perspektive* (pp. 266–282).
Erić, D., & Stošić, I. (2017). *Korporativno restrukturiranje*.
Gomes, P. V., & Saraiva, J. T. (2019). State-of-the-art of transmission expansion planning: A survey from restructuring to renewable and distributed electricity markets. *International Journal of Electrical Power & Energy Systems, 111, 411–424.
Malinić, S. (1995). Računovodstveni izvještaji kao dispozitivni i kontrolni instrumenti u realizaciji osnovnih ciljeva preduzeća. *Monografija: Menadžment i transformacija preduzeća*.
Mayr, S., & Lixl, D. (2019). Restructuring in SMEs – A multiple case study analysis. *Journal of Small Business Strategy (Archive Only, 29*(1, 85–98.
Pešević, S. (2023). Market research starter of the development of rehabilitation enterprises. *STED Journal, 5*(2, 50–61.
Ranković, J. (1996). *Specijalni bilansi*.
Škrbić, V. (2014). Uticaj eksternih i internih faktora na krizu u preduzeću. *Časopis Poslovne Studije*, 11–12, 301–323.
Stošić, I. (2014). Korporativno restrukturiranje preduzeća u svetu i Srbiji. *Poslovna ekonomija: časopis za poslovnu ekonomiju. Preduzetništvo i Finansije, 14*(1, 157–176.
Todorović, M. (2010). *Poslovno i finansijsko restruktuiranje preduzeća*.
Trstenjak, N., & Altaras Penda, I. (2018). Restrukturiranje i sanacija preduzeća u uvjetima finansijske krize. *Zbornik Sveučilišta Libertas, 3*(3, 169–193.
Vidimlić, S. (2017). Mogućnosti primjene Fulmerovog modela za procjenu finansijskih neprilika malih i srednjih preduzeća u Bosni i Hercegovini. *Naučni Časopis Za Ekonomiju Finansing, 04*(17, 53–56.
Vranković, M. (2004). Financial model of measuring and presenting the business efficiency of a company. *Anali Ekonomskog Fakulteta u Subotici, 12, 149–160.
Vuković, Đ. (2021). Conflict of a memory culture in Western Balkans. *STED Journal, 3*(1, 57–68.

Citation

Copyright

Authors retain copyright. This work is licensed under a Creative Commons Attribution 4.0 International License

Article metrics

Google scholar: See link

The statements, opinions and data contained in the journal are solely those of the individual authors and contributors and not of the publisher and the editor(s). We stay neutral with regard to jurisdictional claims in published maps and institutional affiliations.

Most read articles

Abstracting, Indexing & Archiving

Partners