https://www.um.edu.mt/library/oar/handle/123456789/67914 2026-03-11T10:25:07Z 2026-03-11T10:25:07Z https://www.um.edu.mt/library/oar/handle/123456789/68023 2021-01-28T08:47:31Z 2019-01-01T00:00:00Z

Title: Journal of Corporate Governance, Insurance and Risk Management : volume 6 : issue 2 Editors: Todorović, Igor; Grima, Simon; Özen, Ercan; Tipurić, Darko Abstract: 1/ Slavomir Vukmirović, Zvonko Čapko, Ana Babić - Model of using the exhaustive search algorithm in solving of traveling salesman problem (TSP) on the example of the transport network optimization of Primorje-Gorski Kotar County (PGC); 2/ Ana Juras - Competency profile of project team members : interplay with team dynamics and project success; 3/ Ivan Novak - Contribution to the methodology for determining the competitiveness of a domestic product (on example of geotextile); 4/ Maria Rosaria Marcone - Innovative supply chain in the made in Italy system : the case of medium-sized firms; 5/ Kelly Agius, Simon Grima, Andre Farrugia - Factors affecting the perception of bancassurance : the case of Malta

2019-01-01T00:00:00Z Vukmirovic, Slavomir Capko, Zvonko Babic, Ana https://www.um.edu.mt/library/oar/handle/123456789/68006 2021-03-30T07:14:52Z 2019-01-01T00:00:00Z

Title: Model of using the exhaustive search algorithm in solving of traveling salesman problem (TSP) on the example of the transport network optimization of Primorje-Gorski Kotar County (PGC) Authors: Vukmirovic, Slavomir; Capko, Zvonko; Babic, Ana Abstract: This paper considers and presents a model of the use of an exhaustive search algorithm in solving problems of a salesman on the example of the transportation network optimization of Primorsko Goranska County. By identifying the suboptimal solutions of transportation network, that enable insight into more transportation routes and can be significantly influenced by the reduction of transportation costs and creating increased opportunities for the carrier in the context of flexible designing the structure of the commodity flows, greater utilization of transport capacity, and thus achieve greater profit. In the analyzed example, transportation network of Primorje-Gorski Kotar County (PGC) is divided into two sets (segment): 1) a set of cities (nodes) that are located (placed) on the same traffic direction (transportation route) that represents the optimal transportation route, and 2) a set of cities (nodes) that connect through a variety of transport relationships and that are included in the calculation by using the exhaustive search algorithm. In the example are also defined nodes that are common to both the two sets and that are connecting by the virtual transportation route in the spreadsheet optimization model.

2019-01-01T00:00:00Z Juras, Ana https://www.um.edu.mt/library/oar/handle/123456789/68005 2021-03-30T07:16:15Z 2019-01-01T00:00:00Z

Title: Competency profile of project team members : interplay with team dynamics and project success Authors: Juras, Ana Abstract: In contemporary business environment, in which learning and knowledge are considered as the only sustainable competitive advantage of modern organizations, and there is a trend of growing reliance on project type of teams’ and organizations’ functioning, competencies of project team members are becoming more important than ever. By integrating competencies of fundamental managerial functions and competencies of project management’s knowledge areas, this paper investigates the nature of competency profile of project team members, as well as its main effects on project. Established competency profile of project team members is analyzed in relation to project team dynamics and project success. The mediating role of project team dynamics in the effect of competency profile of project team members on project success also investigated in the paper. Cross-sectoral empirical research was conducted during the spring of 2018, through which data from 83 project team members was collected via questionnaire. Collected data was enrolled and processed in SPSS 23.0, with addition of Hayes’ (2018) PROCESS Macro for SPSS - v3.2. Results obtained through descriptive, bivariate and multivariate analyses led to very interesting insights and inferences, especially when considering the cluster analysis’ and mediation effects’ results related to the interplay of project team members’ competency profile, project team dynamics and project success.

2019-01-01T00:00:00Z Novak, Ivan https://www.um.edu.mt/library/oar/handle/123456789/68004 2021-01-28T06:34:03Z 2019-01-01T00:00:00Z

Title: Contribution to the methodology for determining the competitiveness of a domestic product (on example of geotextile) Authors: Novak, Ivan Abstract: The idea of this paper is to align the business decision-making process with detected product competitiveness characteristics of the domestic company on the domestic market. For this paper was designed "proposal of the operational steps of a simple market and product research methodology", for the existing product in the existing market. These operational steps should be a small contribution for the development of rules and procedures for managing marketing functions in business activities. According to literature, for this paper available and explored, there is a room to research the impact of such procedures and rules in order to increase the selling efficiency of products in terms of detected market circumstances and comparative advantages. Therefore, an indicative question was set down for this paper: "How much domestic product is competitive on the domestic market?" Through an example of geotextile, the competitiveness of domestic products was investigated in compare with foreign products by determining certain characteristics that affect purchasing decisions. An analysis of the Croatian geotextile market was conducted, competitive products were compared and consumer preferences were explored when deciding on purchases. The research results indicate the necessity of applying, even simple, product and market research methodologies. Namely, the analysis of the results showed that the qualitative competitiveness of domestic products in relation to the foreign products is not satisfactory, the price is not the most important deciding factor and the domestic origin of the product as a decision making factor is not important.

2019-01-01T00:00:00Z