Valentina Vukosavljevic Pavlovic – Academy of Vocational Studies Southern Serbia, Department for Business Studies, Leskovac, Serbia


5th International Scientific Conference – EMAN 2021 – Economics and Management: How to Cope With Disrupted Times, Online/Virtual, March 18, 2021, CONFERENCE PROCEEDINGS published by: Association of Economists and Managers of the Balkans, Belgrade, Serbia; ISBN 978-86-80194-43-1, ISSN 2683-4510


City economic structures on the territory of the Republic of Serbia should adapt and accelerate
the process of balanced development between the urban and rural parts of the city on modern
principles of management. On the other hand, the role of the process of professionalization of company
management, as a factor of modernization at the level of local private and public companies should be
explored, starting from the position that management is not only an economic category dominated by
rational, financial, market principles and activities but also a sociological category, primarily reflected
in the professionalization and democratization of labor relations. For the purpose of analysis, the forms
of changes of the following should be considered: a) development strategies, b) production/property
relations, c) changes in existing management models.


Professionalization, Management, Development strategy, Property relations, Democratization.


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