Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 2013 (vol. 61), issue 4
Investigation of strategic management tools and techniques
Anna Afonina, Vladimír Chalupský
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 833-840 | DOI: 10.11118/actaun201361040833 
The paper is focused on investigation of strategic managmene tools and techniques used by Czech companies. The quantitative approach was used for the analysis of strategic management tools and techniques. The aim of the quantitative approach was to collect and analyse data about the awareness, satisfaction and utilization of strategic management tools and techniques. The empirical research was conducted via a questionnaire survey of Czech companies. Empirical data were collected from 74 companies in Czech Republic. For the data entry and processing data were used the Statictical package for the Social Science (SPSS). The study presents four groups...
Development and subsequent comparison of the cost of living in different social groups in Czech Republic
Veronika Antošová, Jana Stávková, Dana Skálová, Naďa Birčiaková
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 841-847 | DOI: 10.11118/actaun201361040841
This paper deals with development and subsequent comparison of the cost of living in different social groups in the Czech Republic. There is an analysis performed using data available from entry of the Czech Republic into the European Union till 2011. For this purpose, it will be interesting to track those measures in a timeline including the period before the last economic crisis, during the crisis as well as after this event. The economic crisis began in 2007 and has significantly affected living conditions of many people, who had to change their consumer behaviour or lifestyle. In the file used for the analysis, the individuals are divided into...
Determinants of the result of economic activity of agricultural businesses of legal entities in the Czech Republic
Renata Aulová, Lenka Rumánková, Miloš Ulman
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 849-859 | DOI: 10.11118/actaun201361040849
This article deals with the result of economic activity of agricultural businesses of legal entities in the Czech Republic within the period of the years 2004-2010. First, the main factors that affect the result of economic activity are identified, and subsequently their effect is quantified. The analysis is based on sectional data from the databases of the Creditinfo company monitor and HBI Czech Republic; on average, 2314 businesses were examined within each year. The analysis showed a significant effect of only some factors, which were indicated as the main determinants of the result of economic activity. In the long-term, the decisive factors affecting...
The process of implementing Competitive Intelligence in a company
František Bartes
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 861-866 | DOI: 10.11118/actaun201361040861
It is a common occurrence in business practice that the management of a company, in an effort to jump-start the function of the Competitive Intelligence unit, makes a number of mistakes and errors. Yet it is not difficult to avoid these missteps and achieve the desired level of Competitive Intelligence activities in a purposeful and effective manner. The author believes that a resolution of this problem lies in his concept of Competitive Intelligence viewed as a system application discipline (like value analysis or value engineering), which is why he approaches the problem of actual implementation of Competitive Intelligence in a company by referring...
The problem of accounting methods in connection to company valuation
Michaela Beranová
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 867-872 | DOI: 10.11118/actaun201361040867
Valuation of a company is not only a calculation but it represents complex set of processes which are mutually interconnected and which are more or less important in the process of company valuation in dependence of the value category inquired. One of these processes is the financial analysis which objective is not only to prove, subsequently the strategic analysis, going concern of a company, but its outcomes are the starting-point of financial plan preparation that is needed in order to apply income-based methods of company valuation.It is generally accepted that results of financial ratios differ in implications of applied accounting methods....
Visegrad Four countries: evaluation in R&D sectors of performance
Nina Bočková
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 873-880 | DOI: 10.11118/actaun201361040873
Competitiveness is currently being studied by many economic analyses. Generalization of the countries' competitiveness definition as a measure of understanding of the performance evaluation economies is important. Visegrad Four countries: Hungary, the Czech Republic, Slovakia and Poland were admitted to the European Union in May 2004. EU Member States must respect the common EU objectives. The European Union, as expressed in the strategy Europe 2020, is obliged to increase competitiveness, innovation, by introduction of modern technology and especially the growth R&D investment.Limited data to evaluate R&D expenditure: inconsistencies in...
The evaluation of new methodological approaches to lease reporting on the side of lessor
Hana Bohušová, Patrik Svoboda
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 881-891 | DOI: 10.11118/actaun201361040881
Since 2002 the International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) has begun significantly cooperate in the development of standards based on the same principles. The cooperation is realised through a series of short term or long term projects. Revenue recognition and lease reporting projects represent priority areas of convergence. The development of methodological approaches for lease reporting on the side of lessee and lessor that would eliminate the main weaknesses of the current system of reporting based on the classification of lease contracts in connection with the lease term and the transfer of...
Are the tendencies of the race to the bottom real in the European Union?
Veronika Dvořáková
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 893-898 | DOI: 10.11118/actaun201361040893
The increasing globalization and integration of markets are one of the causes of tax competition. Even though tax competition may be beneficial for some countries, on the other hand for others states it may mean an erosion of their public budgets. The Member States are therefore forced to compete for a capital by a reducing of the tax burden (especially a cutting of the corporate effective tax rates) to don't lose their tax bases. At present time of the debt crisis, when most of the Member States look for a solution to a balance of their deficit budgets, there a question arises whether a tendency towards a cutting of corporate effective tax rates does...
The relationship among reputation, inter-organizational trust and alliance performance
Roman Fiala, Martin Prokop
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 899-908 | DOI: 10.11118/actaun201361040899
The article deals with an investigation of the relationship between reputation of the invoicing central office, trust in it, and performance of the retail alliance. Using data obtained in a questionnaire survey in 259 organizations, which are members of alliances, we found the relationship between reputation and alliance performance, mediated by the trust. Also, the statistically significant positive relationship between reputation of the invoicing central office and trust in it and the statistically significant positive relationship between trust and alliance performance were confirmed. The structural equation modelling technique was used in the calculations....
Application of design of experiments to welding process of food packaging
Jan Hron, Tomáš Macák
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 909-915 | DOI: 10.11118/actaun201361040909
Design of experiments is one of the many problem-solving quality tools that can be used for various investigations such as finding the significant factors in a process, the effect of each factor on the outcome, the variance in the process, troubleshooting the machine problems, screening the parameters, and modeling the processes. The objectives of the experiment in this study are two-fold. The first objective is to identify the parameters of food packaging welding, which influence the response strength of a weld. The second objective is to identify the process parameters that affect the variability in the weld strength. The results of the experiment...
Integrated economic model of waste management: Case study for South Moravia region
Jiří Hřebíček, Jiří Kalina, Jana Soukopová
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 917-922 | DOI: 10.11118/actaun201361040917
The paper introduces and discusses the developed integrated economic model of municipal waste management of the Czech Republic, which was developed by authors as a balanced network model for a set of sources (mostly municipalities) of municipal solid waste connected with a set of chosen waste treatment facilities processing their waste. Model is implemented as a combination of several economic submodels including environmental and economic point of view. It enables to formulate the optimisation problem in a concise way and the resulting model is easily scalable. Model involves submodels of waste prevention, collection and transport optimization, submodels...
Philanthropic behaviour and motives
Vladimír Hyánek, Marie Hladká
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 923-933 | DOI: 10.11118/actaun201361040923
Even though philanthropy tends to be considered a sociological theme rather than an economic one, it poses a number of questions that challenge economists as well. We chose to address the following: How can economists contribute to the theories related to philanthropy? We examine some terms that are used in public economics theory and use them to explore the issues of philanthropy like Samaritan's Dilemma, the Prisoner's Dilemma, and the Free-Rider Problem, which we consider to be interesting and inspiring (Stone, 2008). We have to find and identify the social values of donors and volunteers rather than their economic values, because economists are...
Success factors of agricultural company
Helena Chládková
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 935-940 | DOI: 10.11118/actaun201361040935
This paper focuses on developing a proposal to eliminate weaknesses in medium-sized farm and thus improving its market position. To determine the position of company's products due to the competition, a BCG Matrix (Boston Consulting Group Matrix) was used. Financial Ratio Analysis was used to identify company's financial situation. With the help of the situational analysis of the company's internal environment, success factors, strengths and weaknesses were defined. Further the proposals were designed to remove the selected weaknesses. In the farm was identified the following strengths: quality of managers, long-term and stable customer-supplier relationships,...
Revealed comparative advantage of Russian agricultural exports
Natalia Ishchukova, Luboš Smutka
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 941-952 | DOI: 10.11118/actaun201361040941
This paper studies the issue of revealed comparative advantage in the case of the Russian foreign trade in agricultural products and foodstuffs. The objective of this study is to analyze specialization and the competitive performance of the Russian agricultural sector and to determine whether or not patterns of comparative advantage for Russia have undergone significant changes over the period 1998-2010.The analysis is performed using several measures of revealed comparative advantage: classical Balassa's index, Vollrath's index and Lafay index.Balassa's index identified a group of products, which has relatively stable comparative advantage...
The legal consequences of the breach of pre-emption right
Martin Janků
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 953-959 | DOI: 10.11118/actaun201361040953
Pre-emption right may be agreed in the contract on sale as one of the collateral clauses. General rules concerning the pre-emption right are included in the Civil Code. These general rules apply in both the pre-emptive right stipulated in the contract between the parties (the contractual right of first refusal), as well as for pre-emptive right arising under the law (statutory right of first refusal). It can also be used in the field of commercial obligations. Generally speaking we can state that the legislation concerning the pre-emption rights is very austere, unsystematically arranged and therefore allowing for too broad interpretation with undefined...
Range of data reported to the requirements of the IAS 12 and impact of the IFRS adoption for tax purposes in the tax collection of the Czech Republic
Simona Jirásková
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 961-966 | DOI: 10.11118/actaun201361040961
An issue of relationship between corporate income tax and accounting is one of the most discussed at present. Until recently the tax base was derived from the accounting profit defined in the Czech accounting law. But from 2004 there are companies which have to use IFRS in bookkeeping and financial reporting and from the perspective of the Czech accounting law they do not care about Czech accounting regulation. On the other hand Czech tax regulation has not accepted this change in the field of European accounting harmonization and still directs to pay tax on the basis of Czech accounting regulation for all entities. Fear of adverse change in tax collection...
Case C-454/06, Pressetext Nachrichtenagentur v Austria - legal and economic aspects. Solutions for public administration?
Radek Jurčík
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 967-971 | DOI: 10.11118/actaun201361040967
The overall question of when amendments to an existing agreement are to be regarded as constituting a new award of a public contract has not come before the ECJ. The Pressetext case and decision's practice in the Czech Republic has solved this question: In order to ensure transparency of procedures and equal treatment of tenderers, amendments to provisions of a public contract during the currency of the contract constitute a new award of a contract when they are materially different in character from the original contract and, therefore, are such as to demonstrate the intention of the parties to renegotiate the essential terms of that contract. We...
Data pre-processing for web log mining: Case study of commercial bank website usage analysis
Jozef Kapusta, Anna Pilková, Michal Munk, Peter Švec
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 973-979 | DOI: 10.11118/actaun201361040973
We use data cleaning, integration, reduction and data conversion methods in the pre-processing level of data analysis. Data processing techniques improve the overall quality of the patterns mined. The paper describes using of standard pre-processing methods for preparing data of the commercial bank website in the form of the log file obtained from the web server. Data cleaning, as the simplest step of data pre-processing, is non-trivial as the analysed content is highly specific. We had to deal with the problem of frequent changes of the content and even frequent changes of the structure. Regular changes in the structure make use of the sitemap impossible....
Financial and trade integration in the EU countries
Zuzana Kučerová
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 981-993 | DOI: 10.11118/actaun201361040981
Because of the creation and enlargement of the Eurozone, the importance of monetary integration is increasing and is the subject of a number of theoretical and empirical studies. The adoption of a common currency has to be accompanied by financial market integration. The aim of the paper is to assess the relationship between financial and trade integration in the EU member countries (divided into three subsamples: EU27, EU10, and EU17) over the period 1993-2012 (and two subperiods 1993-2007 and 2008-2012). We use quantity-based measures of financial integration derived from the countries' international investment positions with a view to the foreign...
Quantification of factors influencing the difference in household income in the Czech Republic
Jolana Kvíčalová, Jan Široký
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 995-1003 | DOI: 10.11118/actaun201361040995
Income inequalities, resulting from different income of economic entities and the level of redistribution (especially the amount and structure of taxes on one hand and transfer payments on the other) and peculiarities of the market economy, have been increasing.Within the context of the economic crisis, the pressure (proved by election results in many countries) to alleviate such differences, or at least to stop their deepening has been strengthening. The analysis of the increased income differentiation gets into attention of the theory of public finance.The paper theoretically deals with the ways of measuring such inequalities and then it...
The impact of financial and economic crisis on SME's in Greece and Ireland
Lubor Lacina, Jan Vavřina
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 1005-1016 | DOI: 10.11118/actaun201361041005
The impact of financial and economic crisis influencing economic development in EU countries is analysed predominately on macroeconomic level. Major part of economic studies analyse the effect of crisis on both real and potential economic growth, unemployment, inflation and debt dynamic. However the effects of the crisis are visible also at microeconomic level. The economic results of businesses are significantly influenced by the negative macroeconomic development at both national and international level. Both decrease in potential growth and purchasing power due to economic recession and more restrictive fiscal policy have a direct impact on aggregate...
EU Courts' review of decisions imposing fines in EU state aids cases
Jana Mikušová
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 1017-1021 | DOI: 10.11118/actaun201361041017
The aim of this article is to provide a comprehensive view on the application of the principle of proportionality in the Commission's decisions imposing fines in the area of state aids as well as the EU courts exercise of the jurisdiction over these decisions.The primary and secondary sources of law and the case law would be investigated in this article. The author would like to briefly describe the historical background of the application of the principle of proportionality and by analysing the case law follow the evolvement of the application of the principle. The study should bring the answer on question whether the rule of law (in this case...
Classical Process diagrams and Service oriented Architecture
Milan Mišovič, Ivana Rábová
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 1023-1032 | DOI: 10.11118/actaun201361041023
SOA (Service Oriented Architecture) has played in the last two decades a very useful role in the design philosophy of the target software. The basic units of software for which the mentioned philosophy is valid are called services. Generally it is counted that the advance implementation of services is given by using so-called Web services that are on the platform of the Internet 2.0. Naturally, there has been counted also with the fact that the services will be used in software applications designed by professional programmers. Later, the concept of software services was supported by the enterprise concept of the SOE type (Service oriented Enterprise)...
Business cycle coherence and OCA endogeneity testing during the integration period in the European Union
Nikola Najman, Petr Rozmahel
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 1033-1040 | DOI: 10.11118/actaun201361041033
The paper deals with assessing the EU from the new optimum currency area theory perspective. It focuses on measuring of the business cycle coherence applying the composite indicators of output gap similarity and synchronicity. Static as well as dynamic business cycle analysis is applied in the paper. In addition, the OCA endogeneity hypothesis is tested based on results of the business cycle coherence analysis. The results show high general coherence of the business cycles across the EU countries in terms of synchronicity measures. Detailed analysis of the output gap similarity indicates differences in the scale of cyclical deviations and impact of...
Factors influencing the imposition of a charge on the entrance to the interpretive trails in the large protected areas
Josef Navrátil, Kamil Pícha
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 1041-1049 | DOI: 10.11118/actaun201361041041
The aim of this paper is to assess the relation between the character of the interpretive trail and the imposition of a charge on the entrance. This was done using the discrete choice experiment that involves eight attributes, seven of which are with three levels: the overall character of the trail, the way that the route signs are used in the terrain, the ways of providing information, the length of the trail, the way of the routing, the focus of the trail, and the price of the entrance. There is also one with two levels that involves the existence of the places for rest. The fractional factorial design was used (the orthogonal main effects plan)...
Taxing of financial sector as possible own resource of EU budget
Danuše Nerudová
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 1051-1060 | DOI: 10.11118/actaun201361041051
The discussion about the possible taxation of the financial sector has started in the European Union as a result of the financial crisis which has spread to the Europe from the United States in 2008. European Commission concluded that EU should lead the efforts to introduce system of levies or taxies on financial institutions. EU member states individually committed to support the financial sector for a total about EUR 4.6 trillion (i.e. 39% of EU-27 GDP in 2009). Those public interventions have significant budgetary consequences (strongly felt in Greece, Spain or Italy) and imposes a heavy burden on the present and future generations. Therefore there...
Assessment of the results of the strategic orientation on regional and local products in food retail
Kamil Pícha, Ladislav Skořepa, Josef Navrátil
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 1061-1068 | DOI: 10.11118/actaun201361041061
The aim of this paper is to assess if there is a difference in food choice behaviour between regular customers of stores of the retail chain Terno and other consumers. Consequently, the paper aims to discover, if the strategy formulated by the consumer co-operative Jednota České Budějovice was a good strategy. The core of this strategy is the orientation on the region, local and regional food and food products and the co-operation with local small and medium suppliers. Another part of this strategy is also the permanent control of quality of these products and creation of the special private label - Quality food from our region. The consumer co-operative...
Trade name and trademark versus domain
Jarmila Pokorná, Eva Večerková
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 1069-1076 | DOI: 10.11118/actaun201361041069
Internet domains have become an integral part of our lives, so one can easily understand that during their use, conflicts can arise, whose participants will search for rules enabling resolution of conflicts. Since the domain name is a replacement of the computer IP address, in the technical sense of the word, this does not concern for domain names a commercial name or brand, because it primarily does not belong to a person in the legal sense of the word and does not serve for its individualization. The average user regularly affiliates domain names with a person offering goods or services on the relevant Website. Domain names used by entrepreneurs...
Design, implementation and security of a typical educational laboratory computer network
Martin Pokorný, Petr Zach
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 1077-1087 | DOI: 10.11118/actaun201361041077
Computer network used for laboratory training and for different types of network and security experiments represents a special environment where hazardous activities take place, which may not affect any production system or network. It is common that students need to have administrator privileges in this case which makes the overall security and maintenance of such a network a difficult task. We present our solution which has proved its usability for more than three years. First of all, four user requirements on the laboratory network are defined (access to educational network devices, to laboratory services, to the Internet, and administrator privileges...
Using test of Colour Semantic Differential for research into organizational culture
Martina Rešlová
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 1089-1096 | DOI: 10.11118/actaun201361041089
The aim of this article is to show the possibility of using a combination of the Values Survey Module 1994 (VSM 94) and the Test of Colour Semantic Differential (TCSD) for research into organizational culture. The results of the VSM 94 enable the researcher to determine which poles of Hofstede's cultural dimensions a particular working group is in fact approaching while the data obtained through TCSD make it possible to define how employees consciously rate and unconsciously perceive expressions related to Hofstede's cultural dimensions, or how they identify themselves with the researched values, respectively. The final values from the VSM 94 are compared...
Dialogical art as a challenge for competitive environment
Blahoslav Rozbořil, Eva Abramuszkinová Pavlíková
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 1097-1103 | DOI: 10.11118/actaun201361041097
Contemporary society is raising important questions related to issues such as social construction or interpretation of reality, the role of culture and the meaning of art. Modernity replaces the determination of social standing with a compulsive and obligatory self-determination which holds for all periods and all sectors of the modern era, as described by Baumann (2001). This paper focuses on the analysis of problems related to contemporary art and its social meaning. The main focus is on projects which encourage their participants to question fixed identities, stereotypical images through a cumulative process of exchange and dialogue. The use of...
Measuring student satisfaction with the quality of services offered by universities - Central European View
David Schüller, Martina Rašticová, Štěpán Konečný
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 1105-1112 | DOI: 10.11118/actaun201361041105
The study aims to determine whether the criteria for measuring the satisfaction of students with the quality of universities are identical in the following five selected countries of Central Europe - Czech Republic, Germany, Poland, Austria, and Slovakia. A focus group technique was carried out at the first stage to identify possible factors (criteria) for measuring the quality of the services offered by university as perceived by students. Next, a questionnaire was designed to determine the key factors and their relevance for measuring the satisfaction of students. The result of the analysis of variance implies that the set of criteria is perceived...
Competitive environment in waste management and its impact on municipal expenditures
Jana Soukopová, Ivan Malý
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 1113-1119 | DOI: 10.11118/actaun201361041113
This paper is based on the analysis of competitive environment in waste management in the South Moravian Region and its impact on current municipal expenditures. The paper presents the changes in the development of the municipal waste management and more specifically in the municipal solid waste expenditure per capita of the municipalities from South Moravia Region in the Czech Republic. The main goal of this paper is to examine the impact of competitive environment on the expenditure efficiency. We assume that spatial aspect of competitive environment has significant influence on the expenditure. This hypothesis was based on results of research rejected....
Income situation of households as a social status indicator
Jana Stávková, Martin Souček, Naďa Birčiaková
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 1121-1128 | DOI: 10.11118/actaun201361041121
The net financial income of households plays a crucial role in assessing their living standard. It determines of which social class they are members and, thus, their social status as well. In order to monitor their income situation, this paper uses survey data of the European Union Statistics on Income and Living Conditions (EU SILC). An abundance of identification data, such as economic activity, industrial classification or sector of economic activity, level of education, age, number of household members, place of residence, household type and others, makes it possible to identify factors that demonstrably influence the household income level. On...
Exploration into power of homogeneity and serial correlation tests
Luboš Střelec, Václav Adamec
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 1129-1136 | DOI: 10.11118/actaun201361041129
Verification of regression models is primarily based on analysis of error terms and constitutes one of the most important steps in applied regression analysis. In cross-sectional models, the error terms are typically heteroskedastic, while in time series regressions the errors are often affected by serial correlation. Consequently, in this paper, we focus on Monte Carlo simulations applied to explore the power of several tests of homogeneity and tests for presence of autocorrelation. In the past decades, the computational power has increased significantly to allow the benefit of simulation from exact distributions, which are not defined explicitly....
The influence of subsidies on the economic performance of Czech farms in the regions
Miroslav Svatoš, Markéta Chovancová
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 1137-1144 | DOI: 10.11118/actaun201361041137
The main goal is analysis of the influence of subsidies on the economic performance of farms in individual regions since the Czech Republic joined the EU. The basis for verification of the hypotheses was data from the Farm Accountancy Data Network of the Czech Republic (FADN CR) broken down by regions. The economic performance of farms is determined here on the basis of six selected proportional indicators of financial analysis and their statistical processing using the WSA and TOPSIS methods. By both the WSA and the TOPSIS methods, in 2004-2010 the farms in the Karlovy Vary Region and in the last monitored year (2011) the farms in the Southern Moravia...
Price-supply flexibility of wheat market in the Czech Republic
Pavel Syrovátka
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 1145-1151 | DOI: 10.11118/actaun201361041145
The paper explores of the price-supply flexibility of the Czech commodity market for food quality wheat in the period 1995-2011. For this analysis, inversion definition of the supply function was applied. The model of the inverse supply function in the Czech wheat market was based on the double log-linear construction. The parameters of the given supply model were estimated using OLS-HAC method. The developed regression model of the supply function was statistically tested. Ordinary and dynamic price flexibility of the wheat supply on the Czech commodity market was determined in relation to the parameters of the developed econometric model. In accordance...
Shift in tax burden and its impact on economic growth in the European Union
Irena Szarowská
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 1153-1160 | DOI: 10.11118/actaun201361041153
This article deals with a tax burden in the European Union in as financial and economic crisis has impacted also on tax systems in the European Union. Governments' tax measure aims to consolidate public finance and promote an economic growth. The article provides empirical evidence on a shift in a tax burden and its structure and analyzes the effects of shift in tax burden on economic growth in the EU. It is used the Eurostat definition to categorize tax burden by economic functions and implicit rates of consumption, labour and capital are investigated. The analysis is based on annual data of the EU member states in a period 1995-2010. On average,...
Return on equity of furniture industry
Jan Štěpánek
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 1161-1166 | DOI: 10.11118/actaun201361041161
Economic efficiency of the furniture production is closely associated with high input costs. Despite the fact that the material makes up 80% of total costs, there were 7,908 active furniture manufacturing companies in 2011 in the Czech Republic and they generated sales of nearly 30,812,199 thousand with an added value of CZK 9,592,032 thousands CZK and employed nearly 22,000 people. The aim of this paper is to assess the development of economic efficiency ratio indicator using return on equity (ROE hereinafter). The evaluation method was developed using statistical methods. The sample included 107 enterprises with more than 50 employees. For each company...
Values and entrepreneurship
Martina Urbanová, Jana Dundelová, Daniela Dvořáková
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 1167-1175 | DOI: 10.11118/actaun201361041167
This paper deals with the importance of values in business development. The authors remind M. Weber and his study about the impact of Protestantism on business development. After defining the concept of value, attention is focused on the theory of R.K. Merton, T. Parsons, R. Inglehart. Using the critical sociological approach the authors reflect on the research strategies in the area of values. In this context is mentioned for example the issue of ideal and real cultures - ideal cultures consist of norms and values to which people officially claim, e.g. values of Christian civilization, values of Central Europe; so-called universal values are very...
New approaches for the financial distress classification in agribusiness
Jan Vavřina, David Hampel, Jitka Janová
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 1177-1182 | DOI: 10.11118/actaun201361041177
After the recent financial crisis the need for unchallenged tools evaluating the financial health of enterprises has even arisen. Apart from well-known techniques such as Z-score and logit models, a new approaches were suggested, namely the data envelopment analysis (DEA) reformulation for bankruptcy prediction and production function-based economic performance evaluation (PFEP). Being recently suggested, these techniques have not yet been validated for common use in financial sector, although as for DEA approach some introductory studies are available for manufacturing and IT industry. In this contribution we focus on the thorough validation calculations...
Current state of the employee performance appraisal system in agricultural organizations in the Czech Republic
Kateřina Venclová, Martina Königová, Jiří Fejfar
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 1183-1189 | DOI: 10.11118/actaun201361041183
Employee performance appraisal is one of the most important human resource management tools. The first part of the article concentrates on the theoretical background. The second part evaluates the results of the quantitative survey. The aim of the article is to evaluate the use of formal appraisal of employees in agricultural organizations in the Czech Republic and to test dependencies between selected qualitative characteristics. The results of the survey show that only 12.3% of agricultural organizations (n = 332) use formal appraisal of employees. They also confirm that the application of the formal appraisal of employees in agricultural organizations...
Consumers behaviour of students when shopping for organic food in the Czech Republic
Martina Zámková, Martin Prokop
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 1191-1201 | DOI: 10.11118/actaun201361041191
Organic farming and organic food are terms that attract the attention of not only farmers, but also economists. It is paper, which could address many consumers in the future. A healthier way of life is becoming more and more popular.This paper primarily aims to collect basic knowledge of organic farming, organic food and its labelling. Furthermore, according to conducted marketing research (1.289 respondents were addressed in questionnaire survey), it is aim to characterize the factors that influence respondents when buying organic food. Based on the results of research another goal is to identify the main factors that could make the younger generation...
Position and development potential of north-eastern Baltic Sea regions
Vladimír Žítek, Viktorie Klímová
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 1203-1211 | DOI: 10.11118/actaun201361041203
The article aims to compare the economic performance of north-eastern Baltic Sea regions with all 271 regions on the NUTS2 level in member states of the EU-27. The study is focused on Swedish, Finnish, Estonian, Lithuanian and Latvian regions. The evaluation is based on the synthesis of selected indicators. The article focuses on evaluating the present position of the regions in relation to the dynamics of their development. On this basis, it is possible to divide the regions in accordance with their economic development as well as their development trends into four categories: developed regions with a positive developmental trend, developed regions...
Review of segmentation process in consumer markets
Veronika Jadczaková
Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 1215-1224 | DOI: 10.11118/actaun201361041215
Although there has been a considerable debate on market segmentation over five decades, attention was merely devoted to single stages of the segmentation process. In doing so, stages as segmentation base selection or segments profiling have been heavily covered in the extant literature, whereas stages as implementation of the marketing strategy or market definition were of a comparably lower interest. Capitalizing on this shortcoming, this paper strives to close the gap and provide each step of the segmentation process with equal treatment. Hence, the objective of this paper is two-fold. First, a snapshot of the segmentation process in a step-by-step...