engleski

HAS THE LONG-TERM RECESSION CHANGED MANAGERS’ ASSESSMENTS AND EXPECTATIONS IN THE CROATIA’S RETAIL TRADE SECTOR?

The aim of the paper was to explore whether long-term recession influenced the changes of managers’ assessments and expectations in Croatia’s retail trade sector. The analysis was divided in two main parts: analysis of association between variables in Croatia’s business survey in the first quarter of 2015, and comparison of the obtained results with the same results for the first quarter of 2009. It was concluded that the Croatia’s managers, during six-year recession have changed their assessments and expectations, which influenced the changes in the character of relationship of the variables in Croatia’s business survey for retail trade sector.

Business survey; RTCI – Retail Trade Confidence Indicator; measures of association; Pearson Chi-square test; contingency coefficient

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