Business Commons^™

Accountability Responsibility As An Instrument For Performance Measurement, Burhan Rexhepi B.R

International Journal of Business and Technology

This paper addresses the role and importance of accounting information, in particular liability accounting and the impact of liability centers on the success of the enterprise. The success of business decision making is closely linked to the quality and accuracy of accounting information. Every entity, regardless of ownership, size and form of legal organization, the capital structure exists and functions to achieve its objectives.

We live in a time of great changes in external environmental factors, which impose the need to know modern methods and models for running a business. However, the main basis of business success depends on the …

Types Of Financial And Economic Crisis, Burhan R. Rexhepi B.R

International Journal of Business and Technology

Financial crises have caused much debate among different economists. They have attempted to explore any possibility of detecting and preventing crises before they cause the damages that will require way more time and energy to repair the situation and bring the economies back on the right track of sustainable development. The purpose of this study is to analyze different types of financial crises that have affected the economies of the world in order to draw lessons from their experiences. Analysis of this study is divided into four types of financial crises: Banking crisis, speculative bubbles and the market failures, international …

An Outlook Of Factoring Industry In The World And In Kosovo, Burhan R. Rexhepi B.R

International Journal of Business and Technology

Factoring is the most appropriate one for both bank and SMEs as it is considering a method of raising short- term working capital for enterprise by exchanging its A/R, not collateral focused and not adding any liability into their balance sheet. Moreover, factoring is a comprehensive financial service that includes not only financing but also credit protection, accounts receivable bookkeeping and collection services. Factoring not only brings benefit to CBs as a new service for diversification and increasing turnover but also supports SMEs to access financing for roll-up their business and gaining profit from achieving advantages of competitiveness. Although it …

12th International Conference On Business, Technology And Innovation 2023, University For Business And Technology - Ubt

UBT International Conference

Welcome to IC – UBT 2023

UBT Annual International Conference is the 12th international interdisciplinary peer reviewed conference which publishes works of the scientists as well as practitioners in the area where UBT is active in Education, Research and Development. The UBT aims to implement an integrated strategy to establish itself as an internationally competitive, research-intensive university, committed to the transfer of knowledge and the provision of a world-class education to the most talented students from all background. The main perspective of the conference is to connect the scientists and practitioners from different disciplines in the same place and make …

11th International Conference On Business, Technology And Innovation 2022, University For Business And Technology - Ubt

UBT International Conference

Welcome to IC – UBT 2022

UBT Annual International Conference is the 11th international interdisciplinary peer reviewed conference which publishes works of the scientists as well as practitioners in the area where UBT is active in Education, Research and Development. The UBT aims to implement an integrated strategy to establish itself as an internationally competitive, research-intensive university, committed to the transfer of knowledge and the provision of a world-class education to the most talented students from all background. The main perspective of the conference is to connect the scientists and practitioners from different disciplines in the same place and make …

Theory About Factoring Service, Burhan Economy Rexhepi Ek

International Journal of Business and Technology

Factoring is one of the oldest and common methods of trade fi nance over the world with a long historical development. According to historians, Factoring is originated 4,000 years ago in the days of King Hammurabi of Mesopotamia whereby the fi rst literate societies were developed. Although Mesopotamia no longer exists, many of its great contributions to civilization have endured, including Factoring. The fi rst documented-use of factoring was widespread occurred in the American colonies before the revolution to serve for trade. With the abundance of the North American landscape, colonists cultivated and traded commodities like cott on, fur and …

Identification Of Macroeconomic Level Factors For The Electronic Design Automation Industry, Aida Bitri

International Journal of Business and Technology

The Electronic Design Automation industry operates in a complex, dynamic, and unstable environment. During the years companies have been challenged to continuously find ways of survival and competitiveness. For years the USA has been the leading country in this sector. Most of the talents, knowledge, and innovations have come from organizations operating in this part of the world. Nowadays, due to technological war between countries, and changes in the political arena, other countries have started to invest in their workforces and to challenge the current market balance. This paper aims to identify the macroeconomic level factors that impact the firms …

Direct Digital Synthesis Optimization Based On Vhdl Code, Marsida Ibro

International Journal of Business and Technology

In this paper, we will describe the synthesis of the Direct Digital Syn- thesis (DDS) circuit using the VHDL language. Nowadays the DDS is being

used widely in the fields of telecommunications, including signal generator cir- cuits. The DDS circuits are used to generate analog signals with the use of digi- tal circuits. This work aims to present the implementation of DDS with the

VHDL language, which offers compatibility with FPGA devices. Initially, the VHDL code was generated automatically via Matlab/Simulink model, designed by using HDL Coder components, which are compatible with VHDL. The VHDL code is modified in order …

Probation Of Ima-Net Platform In The Framework Of Flexible Ceepus Course At The Summer Academia In Ubt, Krisel Tola

International Journal of Business and Technology

Summer courses can be a valuable and rewarding experience for students who want to continue building and developing their learning skills during the summer. They offers both flexible and stress-free environments to whom want to master a specific course or gain experience in a totally new subject that they would not otherwise come into contact with during the school year. This helps to round out a student's educational experience and it can be very helpful to them when deciding what they want to do in college and in life. UBT along with partners from TU-Sofia and more with the coordination …

Optimization Of Energy Flow In A Microgrid Application With A Photovoltaic Electricity Supply, Vassil Guliashki

International Journal of Business and Technology

Microgrids can be powered using wind turbines, generators, batter- ies, or solar panels. In case of emergency, a microgrid provides backup from the

main grid in times of crisis like storms or power outages, also it can be used to

reduce the energy consumption from the main grid. This paper presents optimi- zation of a battery schedule in a microgrid application when it is used in a grid- connected mode (connected to the main grid) with a photovoltaic electricity

supply, battery and inverter. The data used for the problem formulation include the photovoltaic energy production in 24 hours for 3000 …

Review Of Cybersecurity Hardware Devices, Eriselda Malaj

International Journal of Business and Technology

In the modern world, cybersecurity is an important issue in the field of technology. The main security problem is the security of the data we receive on the server side after being sent by the client or by the sensors. Nowadays cybersecurity is seen as an area where software is more important than hardware and this led to an increase in the number of securities at the software level. By increasing security at the hardware level cyber security takes another dimension. Network infrastructure devices serve for the realization of communication of applications, data, services and multi-media. These devices include firewalls, …

Empiric Study Of International Academic Mobility In Kosovo And Its Impac On Development, Lirigzona Morina

International Journal of Business and Technology

The background of the research presented in the paper lies in the divergence between the observations of international student mobility in the context of the internationalization of higher educations by the EU and universities on one hand and international students’ motivations for study abroad in general. The research is based on four main case studies of Universities in Kosovo, Bulgaria, Sweden, and Poland including here also other exchange students from different continents such as Australia and Oceania (Fiji), Asia(India), Africa(South Africa), etc. A survey with some questions is designed and 272 responses from students on Erasmus+ mobilities are collected in …

Soft Wheat Quality Parameters Evaluation By Near Infrared Spectroscopy: From Field To Shelf Analysis, Kliton Bylykbashi

International Journal of Business and Technology

Near InfraRed Spectroscopy (NIRS) is a powerful tool that is widely applied in agro-food science and technology research for qualitative as well as quantitative analysis. It is one analytical technique that is taking place in this sector due to its low costs, reliability, rapidity and not invasive / non-destructive nature. NIRS along with chemometric modelling can provide accurate assessment of various grain quality attributes and the chemical composition of grain. The present work investigates the ability of using NIRS for the evaluation of different wheat quality parameters by using a portable spectroradiometer working in Visible – Short Wave InfraRed (Vis-SWIR: …

Types Of Suturing Materials In Oral Surgery, Biljana Evrosimovska

International Journal of Business and Technology

Aim: In everyday surgical practice, different types of suturing materials are available. They play an important role in tissue healing, facilitate the process of hemostasis, enable the reconstruction and reunification of tissue whose integrity has been compromised during surgery or trauma. The aim of this study is to examine the reaction of the tissue to different suturing materials, as well as to determine the speed of wound healing and the incidence of complications after their use, in order to prove which of them is most suitable for oral surgery procedure. Material and methods: These researches were done based on analyzes …

Can Democratic Subjectivity Be A Way Out Of Recent Crisis Of Democracy? The Case Of Turkey, Erdem Damar

International Journal of Business and Technology

Drawing from poststructuralist perspective with a specific emphasis on agonistic democracy, this paper emphasises on the notion of democratic subjectivity as a possible way out of the contemporary crisis of liberal democracy. The two faces of this crisis will be elaborated in the first part. While the crisis of democracy is largely produced by the implementations of conservative, technocratic and capitalist politics that embrace minimalist approaches to democracy by reducing it into a set of rules to govern politics, it also gains visibility to the emergence of a wide range of counter-mobilisations contesting these neoliberal variants. In that respect, post-structuralist …

International Conference Management, Business And Economics, University For Business And Technology - Ubt

UBT International Conference

UBT Annual International Conference is the 9th international interdisciplinary peer reviewed conference which publishes works of the scientists as well as practitioners in the area where UBT is active in Education, Research and Development. The UBT aims to implement an integrated strategy to establish itself as an internationally competitive, research-intensive university, committed to the transfer of knowledge and the provision of a world-class education to the most talented students from all background. The main perspective of the conference is to connect the scientists and practitioners from different disciplines in the same place and make them be aware of the recent …

Relationship Between Inflation And Unemployment: The Case Study Of Former Yugoslav Countries, Florin Aliu, Albulena Jahja, Ermal Lubishtani

UBT International Conference

Unemployment remains a constant concern for national governments and often causes social unrest. This study addresses the relationship between inflation and unemployment known as Phillips Curve, for the seven countries that emerged from former Yugoslavia. This phenomenon is investigated with annual data covering the period from 2003 to 2020. According to the OLS outcomes, there is a negative tradeoff within unemployment and inflation for Slovenia, Croatia, and Montenegro, which stands in line with the Phillips curve paradigm. In the case of Kosovo, North Macedonia, Serbia, and Bosnia, OLS findings indicate a positive relationship between inflation and unemployment. VAR results show …

Laplacian's Statistical Management Of Heat Transmission, Shaqir Elezaj, Egzona Elezaj

UBT International Conference

Laplacian’s is an operator which plays a very important role in various scientific branches. It is an operator which is defined as the nabla square operator. Its role is very important also in relation to the various analyzes of the operational fields that have to do here with heat transfer. Its role is especially considered in relation to the analysis of potential fields, here related to the phenomenon of heat transfer.

The Machine Learning Algorithms To The Market Return, Ran You

UBT International Conference

The financial market and stock market have experienced great changes during the past decades, which lead to lots of excellent

new methods about how to calculate and predict the return of the mar- ket and stocks.

Currently, a common practice of stock investors is to implement the Capital Asset Pricing Model (CAPM) and calculate excess returns with the difference between the real value and the theoretical value of stocks. Among Capital Asset Pricing Models, the Fama-French factors model is used frequently. In this paper, we applied several machine learning algorithms in the stock market to find out whether they are …

Phillips Curve In Self-Management Socialism Of Yugoslavia, Florin Aliu, Isa Mulaj, Ruzhdi Matoshi

UBT International Conference

Inflation and unemployment were two of the main issues that plagued the Socialist Federal Republic of Yugoslavia (SFRY) from 1965 to her disintegration. Economic history has taught us that uncontrolled inflation is a characteristic of the countries with a lack of democracy, but SFRY was more economically liberal and decentralized than any other communist country. Using the World Bank annual data from 1965 to 1990 for unemployment and inflation, the OLS (Ordinary Least Squares) findings demonstrate that unemployment is significant and positively affects the inflation rate, which stands against the theoretical paradigms known as the Phillips curve. The impulse response …

Impact Of Macroeconomic Factors On Non- Performing Loans (Npl) In The Banking Sector In Kosovo, Enver Daci

UBT International Conference

Over the last few years, more precisely, since the end of the global financial crisis, academic circles have increased their interest in the NLP and the empirical bibliography provides valuable information on the factors that influence them. According to studies conducted on non-performing loans, various analysts have tried to correlate the level of non-performing loans directly to two categories of factors: (1) macroeconomic factors and (2) banking or banking specific factors.

Consequences in the banking industry as a result of non-performing loans may be large if no preventive steps are taken. Non-performing loans negatively affect the performance and stability of …

From Circular Economy To Business-Level Circularity: A Descriptive Case Study, Xhimi Hysa, Ambra Mallunxa

UBT International Conference

The need to manage waste and foster environmental sustainability has opened a call to transform the current linear economic model into a circular one. Circular Economy (CE) is continuously growing as a backbone economic model in both developed and developing countries. Still, in Albania the scholarly considerations about the topic are missing or at best have been neglected. Using Albania as a research setting, this study aims to provide a macro and micro perspective of the circular economy and the way it applies to business level. The theoretical framework includes advantages and criticism to circular economy, circular business models, and …

Net Interest Margin [Nim] In Turkish Financial Sector, Halit Targan Unal, Neslihan Ozdemir

UBT International Conference

Recently, movements in the financial markets have demonstrated that management of net interest margin (NIM) is important for the well functioning of the financial sector in general and banking sector in particular. In this regard, net interest margin (NIM) accepted as the main indicator of financing balance and profitability of the banking sector and hence its stability and improved capacity for financing of sustainable real economic growth. According to literature, asset, liability and equity structure, non-interest income such as fees & commission, market concentration and efficiency, quality of management and some economic variables have been considered as factors affecting the …

Impact Of Prices During Diaspora Flow (2017-2021), Ardian Uka, Drilon Bejtullahi

UBT International Conference

In overall when we want to analyze the price movement, we need to compare a goods and services basket for two or more periods in order to catch the price movement. In addition, when we interpret the results we obtained, it depicts which goods or services are more sensitive in relevant days or months. Some goods may differentiate in price during some months in a year, in months when the demand for such goods may rise, or when the overall consume is relatively the same. To determine the goods and services basket would normally consider to be subjective for many …

“Level Of Customer Satisfaction For 4g Service In The Region Of Prishtina, Republic Of Kosovo”, Teuta Veseli, Elion Ramadani

UBT International Conference

In the telecommunications industry, mobile communication plays a major role, given that in recent decades this communication has developed rapidly in parallel and user demand has increased. The 4G platform is about a more advanced and efficient global network, where its users through their mobile phones have access to their data anytime and anywhere. The purpose of this paper is to study and analyze the level of satisfaction of customers using the 4G platform in the Region of Prishtina, Republic of Kosovo. Research on this topic is relatively new in this region and our study relies on secondary as well …

Application Of The Self-Checkout System In Kosovo, Hamëz Rama, Fjolla Leka

UBT International Conference

Kosovo is a new state which passed the period under occupation, under a system where the market economy did not dominate, to pass to the period of war, liberation, emergency system. During this process, Kosovo has marked concrete steps in the application and use of innovations and information technology in order to reduce costs, increase efficiency and effectiveness at work and reduce the customers waiting in front of cash registers in major markets in Kosovo. The Self-checkout system will facilitate the procedure of long waits during payments in the trade chains; it will also make consumers feel more advanced and …

Empiric Study Of International Academic Mobility In Kosovo And Its Impact On Development, Lirigzona Morina, Galia Marinova

UBT International Conference

The background of the research presented in the paper lies in the divergence between the observations of international student mobility in the context of the internationalization of higher educations by the EU and universities on one hand and international students’ motivations for study abroad in general. The research is based on four main case studies of Universities in Kosovo, Bulgaria, Sweden, and Poland including here also other exchange students from different continents such as Fiji, India, South Africa, etc. A survey with some questions is designed and 272 responses from students on Erasmus+ mobilities are collected in 2020 and analyzed. …

Global Issues In Project Management, Besnik Skenderi, Diamanta Skenderi

UBT International Conference

As a result of globalization, overproduction, short life cycle of products, competition and uncertain domestic markets, businesses are extending their operations in international scale (Santoso & Loosemore, 2013; Grisham, 2011)

Projects are implemented with the goal to introduce changes and to deliver unique products based on customer requirements, (Grisham, 2011; Kerzner, 2009), however as a result of free movement and shared market (like European Union), innovations on technology (e-business, teleworking), outsourcing and new product development, projects are implemented within international scale and people and materials for international projects are now sourced globally (Grisham, 2011).

Furthermore, project managers are dealing with …

Monetary Policy In The Eurozone, Arbiana Govori

UBT International Conference

The main goal of the ECB monetary policy is to keep prices stable and the inflation rate below or close to 2% in the medium term. The legal basis for the single monetary policy is set out in the Treaty on European Union, the Treaty on the Functioning of the European Union, and the Statute of the ECB and the ESCB. The monetary policy strategy of the Eurozone countries is also associated with the stability of the balance of payments

To achieve its main objective, the ECB uses a set of monetary policy instruments as well as various procedures. The …

Strategic Decision Making “Game Theory” Case Study: “Viva Fresh Store And Etc Market”, Ardian Uka, Veton Krasniqi

UBT International Conference

Abstract

The decision making is a process which affects and includes people with vision, but to make this process more effective we have studied from the prospective of the Game Theory as an option to simplify the decision making process.

The game theory is a structural mathematic to calculate options and opportunities before individuals or institutions takes decisions. Game theory, analyzes subject’s opportunities but at the same time analyzes the responses of the opponent, furthermore there is no game with a single player that’s why we have to think also in opponent perspective.

At the beginning of last century many …