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Analysis of competitiveness of domestic enterprises on the global market

Author(s): Sanja Stanisavljev | Dejan Đorđević | Dragan Ćoćkalo

Journal: Singidunum Journal of Applied Sciences
ISSN 2217-8090

Volume: 9;
Issue: 1;
Start page: 1;
Date: 2012;
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Keywords: Competitiveness | Modern business | Innovation

The paper analyzes the competitiveness of enterprises in Serbia, the factors that are essential primarily for their survival and then their growth on a dynamic, modern market. Lack of knowledge, obsolete equipment, inadequate use of management techniques and modern technologies lack of financial capital are some of the factors that contribute to a precarious competitive position. The World Economic Forum reports about the alarming decline of the average assessment of competitiveness, which was 3.90 in 2008 and 3.84 in 2010. Also, there was a decline in the list of competitiveness of countries in transition – from the 13th place in 2008to the 15th place in 2010
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