INDUSTRY AFFILIATION AS A FACTOR OF ENTERPRISES' VULNERABILITY IN CRISIS CONDITIONS

University of Niš, Faculty of Economics, Niš, Serbia
Serbia

University of Niš, Faculty of Economics, Niš, Serbia
Serbia


Abstract

Crisis situations make enterprises vulnerable. To be resilient in times of crisis, enterprises have to try to adapt to changing circumstances. In that sense, the subject of the paper is the analysis of the impact of the latest, still on-going crisis on business performance of enterprises that belong to different industries. The subject of the analysis are enterprises operating at the territory of the Republic of Serbia, of different size and industry, in order to establish potential significant differences in the manifestation of the effects of the crisis on their performance. Data analysis, as well as testing the significance of the difference in the examined values of selected indicators with regard to size and industry, will be conducted by using adequate statistical methods. The aim of the analysis is to identify short-term consequences of the crisis, as well as preconditions for their easier overcoming.

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