Czech Business Environment and its Evaluation by SME Managers

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F16%3A43910080" target="_blank" >RIV/62156489:43110/16:43910080 - isvavai.cz</a>

Result on the web

—

DOI - Digital Object Identifier

—

Result language

angličtina

Original language name

Czech Business Environment and its Evaluation by SME Managers

Original language description

This paper contains views of Czech SME managers on the quality of business environment. Moreover, it also shows the results of the World Bank, which annually assesses the conditions for doing business in various countries, including the Czech Republic. All businesses (regardless of their size) need strategic analysis of the external business environment for their strategic management. That provides vital information to company&apos;s owners and management about the position of the company in the external environment, opportunities that can be exploited and threats having impact on the very existence of the business. Small and medium-sized enterprises are exposed to strong competition on one hand but also to a great number of new opportunities on the other. If those are not taken advantage of to increase performance (increase in added value) then the chances for success in extended Europe are slim. Similar issues were dealt by other authors as Narula (2004), Steger (2000), Gunsel (2010). The Czech business environment was evaluated based upon conducted analyses by SME managers. The SME managers and owners identified threats and opportunities for their businesses. The analyses were performed within situational analyses of the external environment in the Czech Republic. The article contains the views of managers identified in 2015 and compares it with the detected results in 2010 and 2004 after the Czech Republic had joined EU. It is interesting that managers reported more opportunities than threats in all years. The paper verified the applicability of the situational analysis of the external SME&apos;s environment.

Czech name

—

Czech description

—

Type

D - Article in proceedings

CEP classification

—

OECD FORD branch

50204 - Business and management

Project

—

Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2016

Confidentiality

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

Article name in the collection

International Conference on Management: Trends of Management in the Contemporary Society: Conference Proceedings

ISBN

978-80-7509-451-3

ISSN

—

e-ISSN

—

Number of pages

5

Pages from-to

222-226

Publisher name

Mendelova univerzita v Brně

Place of publication

Brno

Event location

Brno

Event date

Jun 9, 2016

Type of event by nationality

WRD - Celosvětová akce

UT code for WoS article

000400581300047