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This paper focuses on main characteristics of the recent development of the business environment, business education and management procedures in selected countries of Central and Eastern Europe (CEE), the Baltic and Balkan countries, and emphasizes important aspects influencing business performance. Our conclusions are based on analyses of 30 international business companies, nonprofit, and public organizations, academic and business sources, and on our personal hands on business experience. We have observed differences especially in long-term development of entities, strategic management, controlling, performance management, employee appraisal, as well as other areas related to performance management. Due to space limitations we do not include a comparative analyses of procedures based on identical aspects for selected countries but rather emphasize the most important elements.
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