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Over the last few decades, the education system has gone through significant changes. Formal education, as the basis of a complete education, was rebuilt over the centuries in order to meet the demands of time. In today’s fast-growing world filled with constant changes, formal education appears to be insufficient and inappropriate for the needs of modern society. The amount of available knowledge is increasing, and the ways in which it is transmitted show some weaknesses. Today’s society seeks to remove these shortcomings by introducing lifelong learning through formal, non-formal, and informal education. Lifelong learning should enable access of knowledge and competency development to people of all ages. This allows the acquisition of knowledge to persons whose age exceeds that of formal education and where informal knowledge is not close at hand. Digital technology is having a stronger and stronger influence on all aspects of education through mobile devices that make the world of knowledge accesible in places and times that suit students. The adaptation of existing knowledge for easier distribution through digital technology, and the presentation of knowledge and its easier adoption is affected. We should avoid the pitfalls that technology offers, and always keep in mind, in the first place, the students and the way that knowledge is most likely to be accepted. Lifelong learning, with the help of digital technology, has the ability to give each individual the knowledge that they need if andragogy principles and the needs of students have an advantage over the technology.

This paper discusses the factors of business change management in the context of transition from traditional to computerized business systems. The factors of change management are presented as a firm’s strategic characteristics in the context of the relationship between traditional and computerized business management. The purpose of the research is the systematization of strategic characteristics of business informatization, and ranking and positioning of strategic characteristics in the context of competitive relationship between traditional and computerized business management. The aim of the research is to select and systematize strategic elements of business informatization into a small number of features that can be grouped as common factors according to certain criteria. The interdependence of strategic characteristics was established based on a factor analysis. This method was applied to real data obtained through business informatization questionnaires. During our study on strategic characteristics of business informatization, we collected data from 41 large and medium-sized companies in Croatia in the period from 2011 to 2014. The study included 15 strategic characteristics of business systems that were considered in the context of the factors of change management. Factor analysis of the data was performed using SPSS 21.0, and systematized into fi ve steps: 1. The first step was the reduction of the number of attributes and determining the initial results to extract factors. 2. The second step was defining the factor matrix after rotation of the factors. 3. The third step was the interpretation of the extracted factors. 4. The fourth step included testing for significance of results by determining the values of Cronbach’s alpha coefficient. 5. The final, fifth step was the post-optimal analysis. By arranging the factors into groups we have focused on key areas of activity. We have also discussed various approaches to strategic thinking in the context of business informatization when combined with different levels of competitiveness.

Every national economy and its competitive advantage depend on the quality of their own human resources. Th e use of these resources and investment into their quality are the main factors of development. Th e project presented in this paper is important for further development of the Republic of Croatia and the Republic of Montenegro as knowledge societies through diff erent segments of national and international cooperation among scientists.

The main aim of European Union is "to become the most competitive and dynamic world economy based on knowledge, capable for viable economic growth with better work places and greater social cohesion". Competitive advantage in "new economy" has passed from material and financial assets on (to) non-material and non-financial belongings. The key challenge for 21st century companies is knowledge defining, measuring, advancing, valuing and controlling. Characteristics of economy based on knowledge are: • knowledge is used as input and as output, • in the most developed countries i the world, more than half gross of domestic product is based on knowledge, • high technology Industries nearly have doubled their share in output in last two decades, while services based on knowledge increase faster, too, • in new employing number of " knowledge " workers brings on an overage 80% of new jobs, and • increasing of information and knowledge portions in production technologies, but in products, too.

Various ways of selecting random numbers used in process simulations will be presented in this paper. Special attention will be given to complex phenomena not known enough to be precisely described. Modes of interaction are unknown ; what is known are probabilities of interaction outcome. Such cases are found mostly in social and economic phenomena, such as population growth, economic predictions, decision-making risk analysis, etc.