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REGIONAL COOPERATION AND ECONOMIC INTEGRATION

REGIONAL COOPERATION AND ECONOMIC INTEGRATION

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CEFTA-2006 <strong>AND</strong> ANHANCING COMPETITIVENESS OF THE REGION - SOME SECTORAL ASPECTS<br />

the Mann-Whitney U test indicate that H 0<br />

(Two independent samples are from the same<br />

population) can be rejected and H 1<br />

accepted at the significance level of p≤ 0.05 for 3<br />

variables: VAR6, VAR7 and VAR9 (see Table 1).<br />

Table 1: Selected results of Mann-Whitney U statistics for 3 variables<br />

from section I<br />

VAR00006 VAR00007 VAR00009<br />

Mann-Whitney U 33,000 30,000 33,000<br />

Wilcoxon W 111,000 85,000 88,000<br />

Z -2,062 -2,562 -2,062<br />

Asymp. Sig. (2-tailed) ,039 ,010 ,039<br />

Exact Sig. [2*(1-tailed<br />

Sig.)]<br />

,080(a) ,050(a) ,080(a)<br />

Distribution of frequencies for the 3 variables in two independent samples reveals the<br />

following differences in some characteristics of the role of marketing function between<br />

Serbian companies and MNCs subsidiaries operating in Serbia:<br />

1.<br />

2.<br />

3.<br />

The marketing department counts less than 10 employees in 75% of Serbian<br />

companies, while that is the case in 40% of sampled subsidiaries.<br />

50% local companies conduct market research among other marketing<br />

activities, while that is the usual activity within marketing department for all<br />

MNCs subsidiaries.<br />

70% of foreign companies deal with customers’ complaints, whereas only<br />

25% of Serbian companies perform the same<br />

Research evidence suggests that marketing department has not been yet fully developed in<br />

Serbian companies. Larger marketing department implies that functions within it could be<br />

more diversified and each individual could be more specialised for performing his tasks,<br />

and therefore the whole department is more effective and productive. Consequently, the<br />

lack of personnel who deal with customers’ complaints or conduct market researches in<br />

Serbian companies is not surprising, regarding the fact that marketing departments are<br />

smaller than those in MNCs subsidiaries.<br />

It should be noted that traditionally marketing activities, such are sales and promotion are<br />

equally present in both groups of companies. One interesting result from this part of the<br />

analysis is that there is no statistically significant difference between Serbian and foreign<br />

companies regarding other activities that are considered to be a part of marketing functions<br />

(Jobber and Fahy, 1996). Actually, quality management, prices policy and distribution<br />

management are disregarded in 70% of MNCs subsidiaries and 75% of domestic companies.<br />

However, Public Relations (PR) are considered to be an integral part of a marketing<br />

department in 90% of foreign and 67% of domestic companies.<br />

Sections II and III, which examined the process of planning of marketing activities and the<br />

structure of marketing costs, has been transformed into 17 different variables. The results<br />

245

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