Observing and studying the economic system as a totality of business entities
at a global level is justified. The constitution of such a system implies that the
events in one system segment reflect on the system as a whole.
The inspiration and challenge for numerous researchers encompasses the attempts
to comprehend the forms, directions and nature of correlation of the
phenomenon within the global system. The economic system goes through
the phase of global connecting through the World Wide Web, where, among
others, a new form of goods for cash exchange has developed, known as
electronic trading or internet trading.
The stochastic character of the development processes of individual market
segments is visible both in the degree and the direction of quantitative matching
of variations of certain appearances and processes, in reference to connectivity
of certain appearances and processes in individual system segments.
According to Marc Porter, development and upgrading of the quality system,
as a set of adequate development strategies of business systems are realized,
among other things, by market focusing (Todorovi?, 2001). The aforementioned
implies that the optimal strategy for development of operations of
individual system elements must be adjusted to the conditions of earning in
the observed market segment.
Identification of factors which set the conditions for the intensity, form and
direction of correlation of processes and appearances, their quantification
and interpretation, deduced from empirical structure, enables establishing,
maintaining and upgrading of the quality level in business processes, such
as internet trading in transition countries, such as Bosnia and Herzegovina.
M. Landika, R. Bojanić, “Statistical Modeling of Optimal Development Strategy and Upgrade of Internet Trading Quality System in Transition Countries,” in Sinteza 2016 - International Scientific Conference on ICT and E-Business Related Research, Belgrade, Singidunum University, Serbia, 2016, pp. 468-473. doi: 10.15308/Sinteza-2016-468-473
Landika, M., Bojanić, R. (2016). Statistical Modeling of Optimal Development Strategy and Upgrade of Internet Trading Quality System in Transition Countries. Paper presented at Sinteza 2016 - International Scientific Conference on ICT and E-Business Related Research. doi:10.15308/Sinteza-2016-468-473