COMPARATIVE ANALYSIS OF ENERGY REGULATORS SERBIA, CROATIA AND MONTENEGRO

Dragana Barjaktarevic
Energy Agency of the Republic of Serbia, Belgrade, Serbia, e-mail:dragbarja@gmail.com
Liljana Markovic
Ministry of Finance – Treasury Department , e-mail: liljanamarkovic17@gmail.com

Since the establishment of independent regulatory bodies, to date, their work has been continuously developed along with the extension of their competencies. One of the key features of regulatory institutions is their independence which allows them to strike a balance between the opposing interests of energy companies, consumers and policy makers. In order for this to be feasible, it is necessary that the energy sector be excluded from the sphere of politics. In achieving this goal, the regulators, at the European and national levels, must have the dominant role, which should enable the proper balance between the political and market aspects. The second question is whether the energy sector can be clearly defined and different from other sectors, and as such survive in the future? Bearing in mind the complexity of the tasks of independent regulatory bodies, as well as the need to create a favorable environment for their proper work, it is clear why they originated first in modern states and their legal systems. The paper analyses three energy regulators, through an overview of their foundation, organization, goals and tasks they perform. The current regulatory phase is greatly influenced by the changes taking place in EU policies, which certainly influence the new and different approach to energy regulation.
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ELEMENTARY SCHOOL LEARNING ABOUT ENTREPRENEURSHIP

Katarina Diklic
Elementary School „Vuk Karadžić“, Surčin, katarinadiklic@gmail.com

Learning about entrepreneurship should start from a young age. Developed countries have such educational systems that preparing children for entrepreneurs. In our country this started later. Training of teaching staff on entrepreneurship is underway. Entre¬preneurship learning is planned to be introduced into primary schools from the first grade and to last throughout the entire education. Contents, skills, and crafts about entrepreneurship will be acquired according to the age of the students. Project teaching is the basis for this type of study. An indispensable factor is the use of ICT technologies. It is a significant change that is being introduced into the primary schools of our country. It involves changing the way teachers work. From teachers is required interlinked competencies, ICT knowledge, new methods and work methods, and many other skills and knowledge.
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RISK MANAGEMENT IN THE BANKING SECTOR-STRESS RESISTANCE TESTS

Maja Dimic
Faculty of Business Studies and Law, Union Nikola Tesla University, Belgrade
Polona Sprajc
Faculty of Organizational Sciences Kranj, University of Maribor

A modern, turbulent and dynamic global financial environment requires the banking sector to adopt a risk management policy as a starting point that should more closely define the recognition and control of the total exposure of the banking system to different types of risks. The author gives an overview of the role and significance of the stress tests that provide a quantitative assessment of the vulnerability of the banking portfolio and which are most often associated with unexpected but real economic events and shocks. The results of stress tests carried out in the United States as well as in the European Union mem¬ber states in the context of a crisis with a focus on the framework for testing stress resistance in Basel II and III were also presented.
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THEORETICAL DEVELOPMENT AND RESTRUCTURING OF THE ORGANIZATION

Sinisa Dostic
Faculty of Business Studies and Law “University Union Nikola Tesla”
Ljiljana Tesmanovic
Institute for textbooks Belgrade
Kenan Ademovic
International University of Sarajevo, ademovic.kenan@gmail.com

Organizational theories have been developin from the first written traces of organization. For many years, many authors have tried to give their contribution to theories of the organization, and classical theory has created the foundations of organizational theory and leadership, putting emphasis on internal organization, relationships and efficiency. The emergence of cybernetics, the development of new technologies and other contemporary processes contributed to the further development of system theory which resulted in the restructuring of existing ones and the development of new models of the organization, which will be further discissed in this paper.
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RENTABILITY ANALYSIS OF SERBIAN CEREALS WITH REFERENCE TO GROSS SOCIAL PRODUCT AND THE EUROPEAN MARKET

Aleksandra Gajdobranski
Faculty of Business Studies and Law, University “Union – Nikola Tesla”, Belgrade, aleksandra.gajdobranski@fpsp.edu.rs
Maja Andjelkovic
Faculty of Informational Technologies and Engeenering University„Union – Nikola Tesla“, Belgrade, maja.andjelkovic@fiti.edu.rs
Milan Jankovic
Faculty of Business Studies and Law, University “Union – Nikola Tesla”, Belgrade, milan.jankovic@fpsp.edu.rs

The paper presents the profitability analysis of the most important cereals in Serbia (wheat and corn) with a turn onto the European market. The main aim of the research is to perceive the characteristics and tendencies in improving the profitability of wheat and maize in our country by using scientific methods and analyzing the trend of production and transport trends in the European market. In this regard, we have covered the time period from 2012 to 2018, through primary and secondary data, which implies consideration and comparative analysis of the following economic indicators: the share of agriculture in gross domestic product (GDP), the arithmetic mean (average values), the trend movement (rate of change), standard deviation, coefficient of variation, dynamics of changes (structure of motion), discovery of comparative advantages by the years being analyzed, using RCA index, etc. Therefore, the profitability analysis of cereals is aimed at examining and evaluating the performance of the business within the final result of business achieved in the sphere of production and trade of this type of herbal culture.
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ROLE OF FAIRS IN KNOWLEDGE MANAGEMENT PROCESSES IN ORGANIZATION – RESEARCH FRAMEWORK

Jelena Marinkovic
Novosadski sajam, E-mail: marinkovicj22@gmail.com
Olja Arsenijevic
Faculty of Business Studies and Law, University “Union – Nikola Tesla”, Belgrade, E-mail: olja.arsenijevic@fpsp.edu.rs
Milan Danicic
Faculty of Law and Business Studies “Dr Lazar Vrkatić” Novi Sad, E-mail: milandanicic58@gmail.com

Modern times fairs are large and significant business and social events. In this respect, fairs management can be viewed as a process of event management. If knowledge in the field of knowledge management is applied, fairs can be referred to as large systems or organizations in which knowledge management takes place. From the point of view of knowledge management, fairs represent the great learning organization. In the context of knowledge management, organizations and enterprises also represent learning organizations and systems in which knowledge management takes place. The fairs in this paper are viewed from the point of view of the role they play in the processes of knowledge manage¬ment in organizations – primarily business organizations or enterprises. The aim of this paper is to create an empirical model for exploring the role of trade fairs in knowledge management processes in organizations, as well as creating a questionnaire for the survey.
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SOME ASPECTS OF THE WASTE MANAGEMENT IN SERBIA ACCORDING TO LEGISLATION ON ENVIRONMENTAL PROTECTION

Radoljub Tomic
Faculty of Strategic and Operational Management, Belgrade, SERBIA, e-mail: radoljub.tomic@fsom.edu.rs
Milun Kokanovic
Faculty of Strategic and Operational Management, Belgrade, SERBIA, e-mail: milun.kokanovic@fsom.edu.rs
Milos Arsic
High shipping school of academic studies, Belgrade, SERBIA, e-mail: misaarsa@yahoo.com

The solving the problem of sustainable resources and ecosystems must be firstly dedicated to monitoring, protecting and conserving the environment in relation to water and waste treatment. It is difficult to imagine a proper non-waste management action that is present everywhere (for example, waste in waters, which primarily affects the quality of water). Of course, waste can be used for different purposes (in production and processing, in energy and industrial processes, etc). Waste must be managed from the level of expectation, production, becoming, treatment and reuse or permanent disposal. This paper deals with the problems of waste management and gives a modest but recognizable contribution to how to have the care about waste, bearing in mind the application of the laws (in the case of R. Serbia). Given the problem of waste increasing, significant inputs and interfaces can be used in order to achieve improve results at the level of research and implementation in complementary areas related to industrial processes, materials, energy, water management and ecosystem management as a whole.
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