IMPACT OF GLOBALIZATION ON RETAILING IN CROATIA

Trade is one of the leading sectors of the Croatian economy, which has undergone significant changes under the influence of globalization over the last decade. According to Central Bureau of Statistics in Croatia about 16 % of all employees work in trade business, and more than a quarter of business...

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Main Authors: Sandra Mrvica MAĐARAC, Višnja BARTOLOVIĆ, Matej GALIĆ
Format: Article
Language:English
Published: Nicolae Titulescu University Publishing House 2017-05-01
Series:Challenges of the Knowledge Society
Subjects:
Online Access:http://cks.univnt.ro/uploads/cks_2017_articles/index.php?dir=05_economics%2F&download=CKS_2017_economics_006.pdf
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author Sandra Mrvica MAĐARAC
Višnja BARTOLOVIĆ
Matej GALIĆ
author_facet Sandra Mrvica MAĐARAC
Višnja BARTOLOVIĆ
Matej GALIĆ
author_sort Sandra Mrvica MAĐARAC
collection DOAJ
description Trade is one of the leading sectors of the Croatian economy, which has undergone significant changes under the influence of globalization over the last decade. According to Central Bureau of Statistics in Croatia about 16 % of all employees work in trade business, and more than a quarter of business entities are registered in this sector. Therefore the trade has a significant share in Croatian GDP creation. Globalization is considered an important factor of economic development around the world. Through development of communication technology the world has become integrated into the "global village" and a business contact itself can be accomplished in a matter of minutes. The effects of globalization on retailing in Croatia are mostly reflected in the introduction of new retailing forms, development of e-commerce, consumer protection, the introduction of space management, changes in consumer habits and the arrival of multinational trading companies on the market of Croatia. In this way, the Croatian market has become a part of a single system. Globalization has a negative effect on trade in the Republic of Croatia too, because the domestic production and retail sales of small neighborhood stores are threatened in this way. Retailing in Croatia should make an attempt to adapt to the global trends in the world and to new changes taking into account the domestic production by the principle of comparative advantage.
format Article
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institution Kabale University
issn 2068-7796
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language English
publishDate 2017-05-01
publisher Nicolae Titulescu University Publishing House
record_format Article
series Challenges of the Knowledge Society
spelling doaj-art-556b0ac63a134b2e823f31793bb6fd232025-01-02T03:44:42ZengNicolae Titulescu University Publishing HouseChallenges of the Knowledge Society2068-77962068-77962017-05-017-718724IMPACT OF GLOBALIZATION ON RETAILING IN CROATIASandra Mrvica MAĐARAC0Višnja BARTOLOVIĆ1Matej GALIĆ2Senior lecturer, College of Applied Sciences „Lavoslav Ružička“ in VukovarSenior lecturer, College of Slavonski BrodLecturer, Belje Inc.Trade is one of the leading sectors of the Croatian economy, which has undergone significant changes under the influence of globalization over the last decade. According to Central Bureau of Statistics in Croatia about 16 % of all employees work in trade business, and more than a quarter of business entities are registered in this sector. Therefore the trade has a significant share in Croatian GDP creation. Globalization is considered an important factor of economic development around the world. Through development of communication technology the world has become integrated into the "global village" and a business contact itself can be accomplished in a matter of minutes. The effects of globalization on retailing in Croatia are mostly reflected in the introduction of new retailing forms, development of e-commerce, consumer protection, the introduction of space management, changes in consumer habits and the arrival of multinational trading companies on the market of Croatia. In this way, the Croatian market has become a part of a single system. Globalization has a negative effect on trade in the Republic of Croatia too, because the domestic production and retail sales of small neighborhood stores are threatened in this way. Retailing in Croatia should make an attempt to adapt to the global trends in the world and to new changes taking into account the domestic production by the principle of comparative advantage.http://cks.univnt.ro/uploads/cks_2017_articles/index.php?dir=05_economics%2F&download=CKS_2017_economics_006.pdfglobalizationretailingRepublic of Croatiae-commercenew retailing forms
spellingShingle Sandra Mrvica MAĐARAC
Višnja BARTOLOVIĆ
Matej GALIĆ
IMPACT OF GLOBALIZATION ON RETAILING IN CROATIA
Challenges of the Knowledge Society
globalization
retailing
Republic of Croatia
e-commerce
new retailing forms
title IMPACT OF GLOBALIZATION ON RETAILING IN CROATIA
title_full IMPACT OF GLOBALIZATION ON RETAILING IN CROATIA
title_fullStr IMPACT OF GLOBALIZATION ON RETAILING IN CROATIA
title_full_unstemmed IMPACT OF GLOBALIZATION ON RETAILING IN CROATIA
title_short IMPACT OF GLOBALIZATION ON RETAILING IN CROATIA
title_sort impact of globalization on retailing in croatia
topic globalization
retailing
Republic of Croatia
e-commerce
new retailing forms
url http://cks.univnt.ro/uploads/cks_2017_articles/index.php?dir=05_economics%2F&download=CKS_2017_economics_006.pdf
work_keys_str_mv AT sandramrvicamađarac impactofglobalizationonretailingincroatia
AT visnjabartolovic impactofglobalizationonretailingincroatia
AT matejgalic impactofglobalizationonretailingincroatia