Faculty of Business Economics and Entrepreneurship International Review (2013 No.1‐2) 1 Twice a Year Scientific Journal ISSN 2217-9739 COBISS.SR-ID 192516620 PUBLICHER Faculty of Business Economics and Entrepreneurship 8 Mitropolita Petra str 11000 Belgrade, Serbia EDITOR- IN-CHIEF Academician Prof. Dr. Mirjana Radović-Marković, Faculty of Business Economics and Entrepreneurship, Belgrade, Serbia ASSOCIATE EDITOR Academician Prof. Dr. Radmila Grozdanić, Faculty of Business Economics and Entrepreneurship, Belgrade, Serbia EDITORIAL OFFICE Faculty of Business Economics and Entrepreneurship 8, Mitropolita Petra str., Belgrade, Serbia Tel. +381 11 2762-194; fax:+381 11 2762-194 www.vspep.edu.rs, [email protected] BUSINESS SECRETARY MA Slađana Vujičić, Faculty of Business Economics and Entrepreneurship, Belgrade, [email protected] PERSON RESPONSIBLE FOR PUBLISHING Prof. Dr. Goran Kvrgić, Director of Faculty of Business Economics and Entrepreneurship, Belgrade, Serbia EDITORIAL BOARD Prof. Dr. Carl Edwin Lindgren, American School of Genealogy, Heraldry and Documentary Sciences,USA Prof. Dr. Brenda Nelson-Porter, Brigette's Technology Consulting and Research Firm, USA Prof. Dr. Alexander Gungov, University Center of Conflict Management and Organizational Research, Sofia University "St. Kliment Ohridski,Bulgaria Prof. Dr.Plama Hristova, University Center of Conflict Management and Organizational Research, Sofia University "St. Kliment Ohridski,Bulgaria Lecturer Dr. Imani Silver Kyaruzi, Department of Business, London Graduate School of Management, Great Britain Prof . Dr. M. A. Omolaja, President of International College of Management and Technology, Nigeria Prof. Dr. Ballet Jérôme, Center of Ethocs and Economics for Environment and Development in Madagascar, University of Antananarivo, Madagascar Prof. Dr. Raghu Bir Bista, Professor, Tribhuvan University, Nepal 2 Faculty of Business Economics and Entrepreneurship International Review (2013 No.1‐2) Academician Professor Slavko Karavidic PhD, Faculty of Business Economics and Entrepreneurship, Belgrade, Serbia Prof. Dr. Sreten Miladinoski, MIT University, Skopje, Former Yugoslav Republic Macedonia Prof. Isiaka Esema, Pebble Hills University and Coordinator of International Community Education Association, Nigeria Chapter, Nigeria Prof.Dr. Nezameddin Faghih, Editor-In-Chief „Journal of Global Entrepreneurship Research“ (JGER), Faculty of Entrepreneurship, University of Tehran, Iran Prof. Dr. Radovan Pejanovic, University of Novi Sad, Serbia Prof. Dr. Cane Capragoski, MIT University, Skopje,The Former Yugoslav Republic Macedonia Ass. prof. Dr. Agrawal Reena, Jaipuria Institute of Management, Luckow, Uttar Pradesh, India MSc. Aidin Salamzadeh, teacher of Entrepreneurship, Rules and Regulations, marketing and Sale Management, Labor and Social Security Institute of Iran (LSS), Iran Lecturer MSc. Dusan Markovic, Belgrade Business School, Belgrade, Serbia Milos Vucekovic, IT expert, Singidunum University, Belgrade,Serbia Prof. Dr. Marijan Stevanovski, MIT University, Skopje, Former Yugoslav Republic Macedonia Ass. prof. Dr. Almir Pestek, School of Economics and Business in Sarajevo and deputy director of Economic Institute Sarajevo, Bosnia and Herzegovina Prof. Dr.Milan Krstic, Faculty for Business Economics and Entrepreneurship, Belgrade, Serbia Ass. prof. Dragan Milosevic, Faculty for Business Economics and Entrepreneurship, Belgrade, Serbia Prof. Dr. Slavoljub Sljivic, Faculty for Business Economics and Entrepreneurship, Belgrade, Serbia PUBLISHING BOARD Prof. Dr. Goran Kvrgic, Director of Faculty of Business Economics and Entrepreneurship, Belgrade, Serbia Academician Prof. Dr. Mirjana Radović-Markovic, Faculty of Business Economics and Entrepreneurship, Belgrade, Serbia MSc. Dusan Cogoljevic, president of Faculty of Business Economy and Entrepreneurship, Belgrade, Serbia Academician Prof. Dr. Radmila Grozdanic, Faculty of Business Economics and Entrepreneurship, Belgrade, Serbia Academician Prof. Dr. Slavko Karavidic, Faculty of Business Economics and Entrepreneurship, Belgrade, Serbia Prof. Dr. Sofronija Miladinoski, Faculty of Tourism and Hospitality, Ohrid, Former Yugoslav Republic Macedonia Printing 300 copies Copyright© 2013 by Faculty of Business Economics and Entrepreneurship, Belgrade. All rights reserved. Faculty of Business Economics and Entrepreneurship International Review (2013 No.1‐2) 3 Foreword from the Editor-in-Chief Editor-in-Chief International review (IR) peer Journal belongs to that rare group of scientific magazines, which encourage multidisciplinary approach because of the various theme areas. Therefore, in its content one can find most current topics which are being analyzed from the economic, social, psychological, political and other aspects. That makes this scientific peer Journal interesting and useful reading material for scientists, experts and other readers, which operate within the similar scientific disciplines. This Journal is an international one, considering its international editorial staff and authors. It comes out twice a year in English and it is published by Faculty of Business Economics and Entrepreneurship from Belgrade. Although the magazin oes not have a long history, it has gained the trust of international and domestic scientists and it is included in several significant international magazine bases in a short period of time. Editorial staff is open to all interested parties that want to participate in the role of reviewer, as well as to those willing to contribute to the Journal by their suggestions. We also invite everybody interested to have their paper published in this Journal to follow the author's guide and to send in their papers to the e-mail of the International review. All papers are blindly reviewed. At the end of this foreword, I would like to thank all my associates, who participate in building this issue and show exceptional motivation for it to become better and of higher quality with each its publication. 25 April, 2013. Editor-in-Chief Prof.Dr Mirjana Radovic-Markovic, academician Faculty of Business Economics and Entrepreneurship International Review (2013 No.1‐2) 5 CONTENTS Serbian Modern Economy – regional comparative analysis ....................... 7 Vladimir Knezevic ................................................................................................ 7 Goran Kvrgic ........................................................................................................ 7 Dragan Ivkovic ..................................................................................................... 7 Solvency and Profitability of Serbian Industry .......................................... 29 Slavoljub Sljivic ..................................................................................................29 Dragana Vojteski-Klijenak .................................................................................29 Milenko Pavlovic .................................................................................................29 An impact of Free Zone on the More Rapid Development of The Presevo Municipality ................................................................................... 50 Edita Kastratovic ...............................................................................................50 Milan Dragic ......................................................................................................50 Vesna Cilerdzic ...................................................................................................50 Effect of Global Economic Crisis on Life Insurance Market- Countries of the Former Yugoslavia from 2008.to 2011. ......................... 59 Natasa Vujadin ...................................................................................................59 Radomir Vujadin ...............................................................................................59 Ivan Piljan ..........................................................................................................59 Organizational Behavior-Creative Tool for Creating Value ..................... 74 Tamara Stojanovic ...........................................................................................74 Aleksandar Djokic ..............................................................................................74 Snjezana Djokic ..................................................................................................74 Effect of Firm Organizational Structure and Management Style on Business Success: An evidence of Nike Inc. .............................................. 89 Rebecca Milos .....................................................................................................89 Performance Measures for Social Entrepreneur Institutions: Case of Iranian National Commission for UNESCO ............................................. 96 Behrad Seyyed Zare .............................................................................................96 6 Faculty of Business Economics and Entrepreneurship International Review (2013 No.1‐2) Establishing Hospital Information Systems and Creating Patient Loyalty through Improvements in Services: Evidence from Iranian Hospitals .................................................................................................... 110 Masoomeh Yousefirad .......................................................................................110 Mohammad Ali Sarlak .......................................................................................110