Economic life of achieving economic and financial effects of an investment opportunity presents the period in which selected investment option remains economically superior from the other alternative investment opportunity. Time period in which the investment project needs to prove its...

In a very dynamic and volatile business environment, multinational companies view the intra-company exchange as a factor of developing the enterprise’s capacities and total revenue growth. The paper is aimed at performing econometric evidence of the total revenues of “Tondach” company,...

Tourism seasonality is the major characteristic of tourism industry, a well know but less understood phenomenon. Seasonal fluctuations of tourism demand are implying numerous negative implications affecting tourist destination, tourist operators and tourist demand. Almost every tourist...

The tourism in Macedonia according to relevant statistical indicators still is or is longer on low (unsatisfactory) level, which is expressed both by the number of tourists visiting the country and by the number of realized overnights by tourists. Another feature of tourism in Macedonia is its...

The Europe 2020 strategy mapped out the direction for the achievement of smart, sustainable and inclusive growth and development. The purpose of the paper is confirmation of the hypothesis that health tourism, in all its complexity, interdiciplinarity and systematic approach to problems, is an...

The role of Medical Tourism in the process of a complex satisfaction of the prosumers and the impact played in the organizational and functional changes in the Polish healthcare system. The analysis of the literature on the subject as well as an analysis of the documentation were the inspiration...

This study aimed to investigate the nature of energy applied in hotel industry in Macedonia. It explored the indicators for resources application in three, four and five star hotels. The data were collected by means of an online survey conducted among 45 managers and department supervisors. It...

In recent years, participants in the informal economy have started to be viewed less as rational economic actors who engage in the informal economy when the pay-off is greater than the expected cost of being caught and punished, and more as social actors who engage when their tax morale (i.e.,...

Regardless of how society has evolved, travel and tourism have had a positive development since the end of Second World War. But now it seems that the perception of risk and danger is accentuated and the tourists choose destinations based on more safety and security for tourists. Risks often...

The development of tourism in any area cannot be imagined without its planning, which must be preceded by valorization of tourism resource potential that is located in the area. Valorization is actually the second step that is done after taking inventory of tourism resources in the area. Tourist...