THE SOURCES OF BUSINESS INFORMATION’S IN METAL INDUSTRY

Mario Sercer () and Zlatica Kavic ()
Additional contact information
Mario Sercer: J. J. Strossmayer University of Osijek Faculty of Economics
Zlatica Kavic: J. J. Strossmayer University of Osijek Faculty of Economics

Economy of eastern Croatia yesterday, today, tommorow, 2015, vol. 4, 490-499

Abstract: Modern business dynamics to all the participants that are involved in business process poses a daily challenge: decision-making of an entire character of the matter, often several times during the day. In a number of cases, some decisions must be made as soon as possible, and the information’s available for making the right decisions are not always sufficient. To the applicants, as available information’s often stands various different sources from which it is possible, on many different ways to collect the needed information. An important role when making business decisions also have the conditions during which the sources of information’s are selected and make business decisions. Important criteria for the selection of sources of information’s and assessment of their quality are different, but they all have one common goal - to provide useful and timely information. In the modern business, computer and Internet usage, both in communication and as an inexhaustible source of all kinds of information becomes inevitable. Computerization and spreading of Internet greatly facilitates, but also accelerate business processes in general. Today it is one of the fastest, more convenient and simpler ways of collecting the necessary information’s using the network interface, the Internet. The Internet has become accessible to even greater number consumers, both for the personal and business needs, and Internet access is mostly available to all the employees, regardless of the hierarchy. In order to verify the application of theoretical basis in practice, research was carried out in a number of major metal companies on the territory of Medimurje County. In the theoretical part of the paper are briefly presented the (theoretical) framework of business decision - making, and the final aim of the research that is presented in this paper is to examine what are the sources of information’s on the different control levels when commonly used in the search for business information’s, and to establish the place of the Internet as one of the newer source of information’s. In addition, it will be explored which are the characteristics of the information’s sources that are most important to the seekers.

Keywords: management; information’s sources; business decision-making; decision; metal industry (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.efos.unios.hr/repec/osi/eecytt/PDF/Econ ... omorrow04/eecytt0448 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:osi:eecytt:v:4:y:2015:p:490-499

Access Statistics for this article

More articles in Economy of eastern Croatia yesterday, today, tommorow from Josip Juraj Strossmayer University of Osijek, Faculty of Economics, Croatia Contact information at EDIRC.
Bibliographic data for series maintained by Hrvoje Serdarusic, PhD ( this e-mail address is bad, please contact ).