Detailed Information on Publication Record
2017
Analysis of the Development of Small and Medium Enterprises with Mathematical and Statistical Methods
SIKOROVÁ, Eva and Markéta MĚŘVOVÁBasic information
Original name
Analysis of the Development of Small and Medium Enterprises with Mathematical and Statistical Methods
Authors
SIKOROVÁ, Eva and Markéta MĚŘVOVÁ
Edition
International Days of Science 2017, p. 214-224, 2017
Publisher
Moravian Business College Olomouc, o.p.s.
Other information
Language
English
Type of outcome
Stať ve sborníku
Field of Study
50202 Applied Economics, Econometrics
Country of publisher
Czech Republic
Confidentiality degree
není předmětem státního či obchodního tajemství
Organization unit
Moravian Business College Olomouc
ISBN
978-80-7455-060-7
Keywords in English
Business environment;small and medium enterprises;industry structure;industry competition;financial indicators
Změněno: 30/4/2021 08:54, Ing. Michaela Nováková
Abstract
V originále
Quality and stable business environment is inextricably linked with the development of small and medium enterprises not only in individual regions of the Czech Republic. This is one of the prerequisites for a successful business. This article aims to introduce a model example of detecting the position of the selected business entity within the sectoral competition in the Olomouc region and the prediction of the future development of the business entity in the form of scenarios in response to changes in the business environment. The analysis of the selected position of the company is divided into several steps. They are: selection criteria of comparability of businesses, showing the examined group of enterprises, comparison of selected financial indicators of business entities (Analysis of external business environment), draw the basic statistical characteristics (analysis of the external business environment), followed by detection of the interdependence of financial indicators (such as return on equity and the quick ratio, which represents the analysis of internal business environment). The prediction scenarios of business entity is also divided into several steps. It begins with establishing criteria of economic efficiency, the following factors affecting choice of behaviour of the economic system, create scenarios, quantifying the value of the selected criteria, and finally evaluate the profitability of variants.