The entrepreneurship of top management is a critical factor for the growth of the firm. Entrepreneurship has a tendency to weaken with the transmission of management from generation to generation, which causes the senescence of the firm. The senescence of entrepreneurship and organizational...

In modern conditions, quality management is already becoming a managerial function like any other function in the organization, as employees from all sectors and all departments should participate in it.The involvement of all employees in the organization contributes to total quality management....

Complete quality management as a modern concept is starting to be implemented in organizations in the Republic of North Macedonia. Its implementation is based on the perceptions of the positive effects it offers. This concept enables visible changes in organizations, while offering several...

This article explores the concept of leveraging global knowledge for business model innovation, whereby knowledge is transferred across space and firm boundaries for the reconfiguration of an incumbent firm's business model. Considering the implications of an ever-increasing fragmentation of...

Introducing and use of total quality management in organizations is very current and a complex category which, in the future, will give an incentive of its implementation in order to achieve competitive advantage. The effects of total quality management are only an indicator of further...

This note provides a short overview of the evolution of strategic management starting with its military origin and a particular emphasis on the schools of thought on strategic management, namely the Market-Based View (MBV), the Resource-Based View (RBV) and the Dynamic-Capability View (DCV). It...

Currently, our economies predominantly function in a linear manner, characterized by the extraction, production, consumption, and disposal of resources. Embracing the paradigm shift towards a circular economy presents a tremendous opportunity, potentially worth trillions of dollars. Given this...

Digitalization is the core driving force of the fourth industrial revolution. This new era will result in paradigm shift in production and in marketing of products and services. The smarter production can make value creation easier with reducing the cost of manufacturing and with producing...

Digitalization is the core driving force of the fourth industrial revolution. This new era will result in paradigm shift in production and in marketing of products and services. The smarter production can make value creation easier with reducing the cost of manufacturing and with producing...

A considerable body of literature has studied the idea of producing and marketing customized goods and services according to individual customer needs, addressing the growing importance of strategies like mass customization or personalization in business practice. However, customization research...