EMPLOYEE COSTS OF DISTRIBUTION TRADE OF THE EUROPEAN UNION AND SERBIA
The issue of distribution trade cost analysis is continuously topical, significant and complex. Due to the fact that costs, in addition to sales revenue, affect the realization of the target profit in the distribution trade, it is necessary to manage costs in distribution trade as efficiently as pos...
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| Format: | Article |
| Language: | English |
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Bucharest University of Economic Studies
2022-09-01
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| Series: | Business Excellence and Management |
| Subjects: | |
| Online Access: | https://beman.ase.ro/no123/5.pdf |
| _version_ | 1827143301923340288 |
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| author | Lukic Radojko |
| author_facet | Lukic Radojko |
| author_sort | Lukic Radojko |
| collection | DOAJ |
| description | The issue of distribution trade cost analysis is continuously topical, significant and complex. Due to the fact that costs, in addition to sales revenue, affect the realization of the target profit in the distribution trade, it is necessary to manage costs in distribution trade as efficiently as possible by applying modern concepts. Starting from here, this paper comparatively analyzes the impact of employee costs (personnel costs) on the efficiency of distribution trade between the European Union and Serbia. In this context, it was determined that Germany, France and Italy (leading countries of the European Union) are in the first three places according to the efficiency cost of employees in the distribution trade. Serbia's distribution trade is ranked twenty-fifth in terms of efficiency cost of employees. From this aspect, it is better than the countries in the region (Croatia, Slovenia). According to the results of the linear regression analysis, the efficiency cost of employees in the distribution trade of Serbia is greatly influenced by: number of employees, assets (as a measure of company size), capital, sales and profit (Adjusted R Square .999). In this context, capital, i.e. financial indebtedness, has a special influence on efficiency cost (Sig. .014 <.05). Given that, in order to achieve the target costs of employees, as a factor of performance, in the distribution trade of Serbia, it is necessary to manage human resources, assets, capital, sales and profits as efficiently as possible. |
| first_indexed | 2024-04-11T22:55:08Z |
| format | Article |
| id | doaj.art-17ed228a8ee24b519965ab4a4bef4f12 |
| institution | Directory Open Access Journal |
| issn | 2248-1354 2668-9219 |
| language | English |
| last_indexed | 2025-03-20T19:40:39Z |
| publishDate | 2022-09-01 |
| publisher | Bucharest University of Economic Studies |
| record_format | Article |
| series | Business Excellence and Management |
| spelling | doaj.art-17ed228a8ee24b519965ab4a4bef4f122024-08-21T10:03:52ZengBucharest University of Economic StudiesBusiness Excellence and Management2248-13542668-92192022-09-01123607610.24818/beman/2022.12.3-05EMPLOYEE COSTS OF DISTRIBUTION TRADE OF THE EUROPEAN UNION AND SERBIALukic Radojko0Faculty of Economics, University of Belgrade, SerbiaThe issue of distribution trade cost analysis is continuously topical, significant and complex. Due to the fact that costs, in addition to sales revenue, affect the realization of the target profit in the distribution trade, it is necessary to manage costs in distribution trade as efficiently as possible by applying modern concepts. Starting from here, this paper comparatively analyzes the impact of employee costs (personnel costs) on the efficiency of distribution trade between the European Union and Serbia. In this context, it was determined that Germany, France and Italy (leading countries of the European Union) are in the first three places according to the efficiency cost of employees in the distribution trade. Serbia's distribution trade is ranked twenty-fifth in terms of efficiency cost of employees. From this aspect, it is better than the countries in the region (Croatia, Slovenia). According to the results of the linear regression analysis, the efficiency cost of employees in the distribution trade of Serbia is greatly influenced by: number of employees, assets (as a measure of company size), capital, sales and profit (Adjusted R Square .999). In this context, capital, i.e. financial indebtedness, has a special influence on efficiency cost (Sig. .014 <.05). Given that, in order to achieve the target costs of employees, as a factor of performance, in the distribution trade of Serbia, it is necessary to manage human resources, assets, capital, sales and profits as efficiently as possible.https://beman.ase.ro/no123/5.pdfefficiencycostsprofittrade of european union and serbiadeterminants |
| spellingShingle | Lukic Radojko EMPLOYEE COSTS OF DISTRIBUTION TRADE OF THE EUROPEAN UNION AND SERBIA Business Excellence and Management efficiency costs profit trade of european union and serbia determinants |
| title | EMPLOYEE COSTS OF DISTRIBUTION TRADE OF THE EUROPEAN UNION AND SERBIA |
| title_full | EMPLOYEE COSTS OF DISTRIBUTION TRADE OF THE EUROPEAN UNION AND SERBIA |
| title_fullStr | EMPLOYEE COSTS OF DISTRIBUTION TRADE OF THE EUROPEAN UNION AND SERBIA |
| title_full_unstemmed | EMPLOYEE COSTS OF DISTRIBUTION TRADE OF THE EUROPEAN UNION AND SERBIA |
| title_short | EMPLOYEE COSTS OF DISTRIBUTION TRADE OF THE EUROPEAN UNION AND SERBIA |
| title_sort | employee costs of distribution trade of the european union and serbia |
| topic | efficiency costs profit trade of european union and serbia determinants |
| url | https://beman.ase.ro/no123/5.pdf |
| work_keys_str_mv | AT lukicradojko employeecostsofdistributiontradeoftheeuropeanunionandserbia |