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  • Small and medium sized enterprises play an essential role in the economy of the Czech Republic as a report of development of small and medium-sized enterprises and its support from 2010 announces. They are the source of development of towns, regions and the state itself. Small and medium-sized enterprises represent 99.84 % of the whole business subjects. Statistic data underline this positionthey indicate that small and medium-sized enterprises employ 2/3 employees. Therefore, occupying small and medium-sized enterprises are to be taken as priority. Strategic management on the level of small and medium-sized enterprises is, as number of authors write, diverse. Small enterprises including micro have less access to capital, they have no money for employing specialists in the fi eld, and they solve administration primarily. The aim of this follow-up GAJU project contribution concerned on process analysis of small and medium-sized enterprises is to summarize the gained results from the view of comparison of the level of strategic management in small and medium-sized enterprises. Nowadays, numbers of enterprises are thinking about whether they are able to remain in the market as an established company, they explore the possibility of improving its position. There is a question for small and medium-sized enterprises management- can strategic management be used as an instrument for increasing competitiveness? The results show that SMEs with a clearly defi ned strategy show better results of fi nancial health (IN99 and ROA) than companies without a defi ned strategy. In terms of business focus, we were able to demonstrate positive relationship between strategy and fi nance only for companies in the construction industry, on the signifi cance level of 0.05. Compared to manufacturers and service-providing companies where this relation is not statistically signifi cant.
  • Small and medium sized enterprises play an essential role in the economy of the Czech Republic as a report of development of small and medium-sized enterprises and its support from 2010 announces. They are the source of development of towns, regions and the state itself. Small and medium-sized enterprises represent 99.84 % of the whole business subjects. Statistic data underline this positionthey indicate that small and medium-sized enterprises employ 2/3 employees. Therefore, occupying small and medium-sized enterprises are to be taken as priority. Strategic management on the level of small and medium-sized enterprises is, as number of authors write, diverse. Small enterprises including micro have less access to capital, they have no money for employing specialists in the fi eld, and they solve administration primarily. The aim of this follow-up GAJU project contribution concerned on process analysis of small and medium-sized enterprises is to summarize the gained results from the view of comparison of the level of strategic management in small and medium-sized enterprises. Nowadays, numbers of enterprises are thinking about whether they are able to remain in the market as an established company, they explore the possibility of improving its position. There is a question for small and medium-sized enterprises management- can strategic management be used as an instrument for increasing competitiveness? The results show that SMEs with a clearly defi ned strategy show better results of fi nancial health (IN99 and ROA) than companies without a defi ned strategy. In terms of business focus, we were able to demonstrate positive relationship between strategy and fi nance only for companies in the construction industry, on the signifi cance level of 0.05. Compared to manufacturers and service-providing companies where this relation is not statistically signifi cant. (en)
Title
  • Strategic management in micro, small and medium-sized businesses in relation to financial success of the enterprise
  • Strategic management in micro, small and medium-sized businesses in relation to financial success of the enterprise (en)
skos:prefLabel
  • Strategic management in micro, small and medium-sized businesses in relation to financial success of the enterprise
  • Strategic management in micro, small and medium-sized businesses in relation to financial success of the enterprise (en)
skos:notation
  • RIV/60076658:12510/13:43885842!RIV14-MSM-12510___
http://linked.open...avai/riv/aktivita
http://linked.open...avai/riv/aktivity
  • S
http://linked.open...iv/cisloPeriodika
  • 7
http://linked.open...vai/riv/dodaniDat
http://linked.open...aciTvurceVysledku
http://linked.open.../riv/druhVysledku
http://linked.open...iv/duvernostUdaju
http://linked.open...titaPredkladatele
http://linked.open...dnocenehoVysledku
  • 108099
http://linked.open...ai/riv/idVysledku
  • RIV/60076658:12510/13:43885842
http://linked.open...riv/jazykVysledku
http://linked.open.../riv/klicovaSlova
  • Strategic management, strategy, IN99, ROA (en)
http://linked.open.../riv/klicoveSlovo
http://linked.open...odStatuVydavatele
  • CZ - Česká republika
http://linked.open...ontrolniKodProRIV
  • [0E06D1DD0E42]
http://linked.open...i/riv/nazevZdroje
  • Acta Universitatis Agriculturae Et Silviculturae Mendelianae Brunensis
http://linked.open...in/vavai/riv/obor
http://linked.open...ichTvurcuVysledku
http://linked.open...cetTvurcuVysledku
http://linked.open...UplatneniVysledku
http://linked.open...v/svazekPeriodika
  • 61
http://linked.open...iv/tvurceVysledku
  • Vrchota, Jaroslav
  • Švárová, Monika
issn
  • 1211-8516
number of pages
http://localhost/t...ganizacniJednotka
  • 12510
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