The Role of Information for Recognising Business Opportunities

Skerbinjek Andreja
Additional contact information
Skerbinjek Andreja: Ekonomsko-poslovna fakulteta Maribor, Univerza v Mariboru, Razlagova 14, 2000 Maribor

Organizacija, 2008, vol. 41, issue 4, 144-152

Abstract: Managers need a lot of knowledge and information to make decisions and recognize business opportunities. They can acquire this knowledge and information in different ways. Accounting information, particularly information relating to the creditworthiness of business partners and competitors, is important. Such information, which can contain non-accounting information, is often derived from annual reports. The fastest and cheapest way of accessing information is via the Internet. Because searching for information about different businesses on their Web sites can be time consuming, a quicker, more efficient option is to access this information on databases that contain useful information relating to the majority of businesses in the country. In this paper, we discuss the importance of knowledge and information for recognizing business opportunities. We also analyze the appropriateness of accounting information available from five of the most widely used databases concerning Slovene and Croatian businesses, for estimating the creditworthiness of businesses.

Keywords: business opportunities; knowledge; accounting information; creditworthiness information; databases; business partners; competitors; annual reports; appropriate information; reporting agencies; business opportunities; knowledge; accounting information; creditworthiness information; databases; business partners; competitors; annual reports; appropriate information; reporting agencies (search for similar items in EconPapers)
Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.2478/v10051-008-0016-4 (text/html)

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:vrs:organi:v:41:y:2008:i:4:p:144-152:n:3

DOI: 10.2478/v10051-008-0016-4

Access Statistics for this article

Organizacija is currently edited by Jože Zupančič

More articles in Organizacija from Sciendo
Bibliographic data for series maintained by Peter Golla ().