Selection of forecasting method: AHP approach.
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F15%3A86093896" target="_blank" >RIV/61989100:27510/15:86093896 - isvavai.cz</a>
Result on the web
—
DOI - Digital Object Identifier
—
Alternative languages
Result language
angličtina
Original language name
Selection of forecasting method: AHP approach.
Original language description
Describing the future development of an organizational environment is crucial for the goal setting and strategy selection of an organization. In today's rapidly changing times it is not easy to predict how the internal and external surroundings of a company will change. Predicting the future development of an organization is not an easy task for managers but they must adopt it to succeed in market competition. Specifically managers must be familiar with forecasting methods which can help to predict theuncertain developments of the environment. There are many forecasting methods which are available, differing in their time requirements, financial demands, and in predictive accuracy. The goal of this paper is to characterize the most commonly used methods and to select the most appropriate one from the point of view of small and medium sized enterprises. These companies are usually limited in the finances that they can spend for strategy setting. They also do not employ a large number o
Czech name
—
Czech description
—
Classification
Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
AE - Management, administration and clerical work
OECD FORD branch
—
Result continuities
Project
<a href="/en/project/EE2.3.20.0296" target="_blank" >EE2.3.20.0296: Research team for modelling of economic and financial processes at VSB-TU Ostrava</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)<br>S - Specificky vyzkum na vysokych skolach
Others
Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Scientific Papers of the University of Pardubice. Series D, Faculty of Economics and Administration
ISSN
1211-555X
e-ISSN
—
Volume of the periodical
XXII
Issue of the periodical within the volume
34
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
12
Pages from-to
17-28
UT code for WoS article
—
EID of the result in the Scopus database
—