Financial management in food enterprises and globalization of electronic business in Serbia

• Main Authors: Mičić Ivan, Totić Ibrahim, Halilagić Ahmet
• Format: Article
• Language: English
• Published: Naučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt 2018-01-01
• Series: Ekonomika Poljoprivrede (1979)
• Subjects: accounting; economy; market orientation; consumer; Serbia
• Online Access: https://scindeks-clanci.ceon.rs/data/pdf/0352-3462/2018/0352-34621803259M.pdf

Use of finance in a certain form has been present and operational since the emergence of the world's first civilizations such as: Egypt, Greece, Babylon, Rome and others. At that time, however, the financial system was primarily based on archaic stores of value - gold or silver money. In its basic definition, finances were created with the concept of money and the development of its functions as a payment and transactional mechanisms. Where there is no money, there is no value. Money is the determinant, but also the function of finance. The development of finance as a science and its function relates to the emergence of the state, since it is the primary creater and backer of money. In this regard, public-state finances first began to be studied, followed by other financial disciplines. Whereby the equilibrium arises from the payment of debt, collection of claims between states, enterprises and individuals.