STRATEGY OF REDUCING EXPENSES BY INTRODUCING E-LEARNING IN UNIVERSITY-LEVEL EDUCATION INSTITUTIONS

In today’s modern business dealings, companies and managers face different business venturesand an array of challenges when solving various tasks. That is why it is necessary to ensure theresources neeeded to accomplish all this. If the required components are not ensured and invested,there will be neither reproduction process nor will the company achieve the desired results. Anexpense is one form of investing material and human components in the process of work andcompany’s business. The main business components – means of labour, objects of labour andworkforce – are introduced into the organisation and the organisation’s technological process asappropriate use values. Spending these components is a precondition for creating new products andservices. To offer its services to the consumers, the students, each university-level educationinstitution has to be provided with definite means of work and qualified staff. However, the businessoperations involve some expenses which each institution intends to reduce to its minimum. Theexpenses in such institutions are possible to reduce by introducing the platform of e-learning. ThePaper shows the project of introducing e-learning into one higher education institution in Serbia, aswell as reduced expenses as a result of it