Analysis of the Development of Small and Medium Enterprises with Mathematical and Statistical Methods

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F26867184%3A_____%2F17%3AN0000007" target="_blank" >RIV/26867184:_____/17:N0000007 - isvavai.cz</a>

Result on the web

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DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Analysis of the Development of Small and Medium Enterprises with Mathematical and Statistical Methods

Original language description

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.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

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OECD FORD branch

50202 - Applied Economics, Econometrics

Project

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Continuities

N - Vyzkumna aktivita podporovana z neverejnych zdroju

Publication year

2017

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

INTERNATIONAL DAY OF SCIENCE 2017 economics, management, innovation

ISBN

978-80-7455-060-7

ISSN

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e-ISSN

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Number of pages

10

Pages from-to

214-224

Publisher name

Tribun EU

Place of publication

Brno

Event location

Moravian University College Olomouc

Event date

Jan 1, 2017

Type of event by nationality

EUR - Evropská akce

UT code for WoS article

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