Acta Oeconomica Pragensia, 2009 (vol. 17), issue 6

Some Aspects of the Transformation of the World Economy and the Risks To Its Future Dynamics

Menbere Workie Tiruneh

Acta Oeconomica Pragensia 2009, 17(6):3-26 | DOI: 10.18267/j.aop.285  

The transformation of the world economy over the past two decades has been manifesting itself in various forms. On the one hand, there is an increasing interdependence of the world economy, which is a manifestation of the depth of the globalization process, mainly thanks to the expansion of information and communication technologies and the greater degree of the liberalization of the world economy. On the other hand, there is an increasing scale of contagion effects, where a crisis in one country or region is transmitted to the rest of the world quickly. The transformation of the world economy is also reflected in the growing influence of emerging...

Application of Simulation in Analysing Business Processes

Martin Dlouhý, Josef Jablonský

Acta Oeconomica Pragensia 2009, 17(6):27-36 | DOI: 10.18267/j.aop.286  

Business processes take place in an environment of complex systems that consist of many interrelated elements with stochastic and dynamic characteristics. Simulation and management methods were developed to cope with such complexity. Simulation and management methods are interdependent disciplines that were developed relatively separately, but we argue that simulation can serve as a tool for implementation of specific management methods, and at the same time, simulation and operational research represent the methodological foundation for many modern management methods.

Environmental Regulation and Its Impacts on the Secondary Raw Materials Market

Jan Slavík

Acta Oeconomica Pragensia 2009, 17(6):37-51 | DOI: 10.18267/j.aop.287  

Business processes take place in an environment of complex systems that consist of many interrelated elements with stochastic and dynamic characteristics. Simulation and management methods were developed to cope with such complexity. Simulation and management methods are interdependent disciplines that were developed relatively separately, but we argue that simulation can serve as a tool for implementation of specific management methods, and at the same time, simulation and operational research represent the methodological foundation for many modern management methods.

The Nature of Chinese Business Negotiation Behaviour: A Battlefield or a Gentlemen's Club?

Jitka Odehnalová

Acta Oeconomica Pragensia 2009, 17(6):52-62 | DOI: 10.18267/j.aop.288  

Since the People's Republic of China (hereinafter referred to as China) opened its market to the rest of the world, an enormous necessity to negotiate with Chinese business partners has arisen. Businessmen from all over the world face Chinese counterparts more and more often, business relations are becoming deeper and negotiating skills play one of the key roles in the successful process of entering the Chinese market. Good interpersonal relations with Chinese business partners seem to be of great importance for creating and maintaining long-term business relations. What is the philosophy of the Chinese way of negotiation? What is the philosophical...

Did Egypt Satisfy Prerequisites for an it Regime?

Ibrahim L. Awad

Acta Oeconomica Pragensia 2009, 17(6):63-80 | DOI: 10.18267/j.aop.289  

The purpose of this study is to answer the question 'Is Egypt ready to apply an IT regime?' The study presumed that a country is ready to apply an IT regime once the prerequisites for an IT regime are met. Comparing the current position of Egypt with some emerging market economies, the conclusions of the study are as follows: (i) the CBE is not factually independent. Although the CBE has been granted legal instrument independence, the existence of government representatives as voting members on the MPC and the coercion of the CBE to extend finance to the government are two elements sufficient to undermine the de facto independence of the CBE; (ii)...

Metaphors in Business German

Věra Höppnerová

Acta Oeconomica Pragensia 2009, 17(6):81-86 | DOI: 10.18267/j.aop.290  

Metaphors play an important role not only in the literature or in colloquial speech, but also in language for specific purposes, business language in this case. They have a terminology-creating and stylistic function, especially in business newspapers. On the other hand, they have a pragmatic function in political rhetoric: they should disguise the facts and influence the recipients of information. There are favoured areas in business language, from which the majority of metaphors come, and favoured imagery. The issue of how much German and Czech metaphors in the business language differ from each other is being investigated.