Template-Type: ReDIF-Article 1.0 Author-Name: Václav Leinweber Title: Using a Contribution Margin as a solution to the Business Strategy in the Crisis Abstract: An unexpected loss created due to outdated calculation methods can be avoided through contribution margin calculation. Contribution margin are great for sophisticated monitoring of up-to-date situation in the company and as well it provides much better information than the accounting system. When the most profitable product is identified through the contribution margin, the lean production can be performed. When this process is finalized, the production area not designed for production can be either sold out or otherwise eliminated. Keywords: Crisis, Krycí příspěvek, Contribution margin, krize, zeštíhlení, lean production Classification-JEL: D46, G30 Volume: 2009 Issue: 3 Year: 2009 File-URL: http://www.vse.cz/eam/71 File-Format: text/html Handle: RePEc:prg:jnleam:v:2009:y:2009:i:3:id:71 X-File-Ref: http://www.vse.cz/RePEc/prg/jnleam/references/71 Template-Type: ReDIF-Article 1.0 Author-Name: Markéta Krejčová Title: BALANCED SCORECARD as a possible method of performance management focusing on implementation pitfalls on the example of Czech subsidiary of international company Abstract: The author presents a method of strategic performance measurement system for enterprise Balance Scorecard as a possible method of performance management. Opens the pitfalls of its implementation in a particular case of the Czech branch of an international company whose headquarters is located on the Asian subcontinent. Presents problems associated with the nonrespect of the specifics of each region and cultural diversity, while at the same time opens up issues such as (non)transparency, the inability to set the goals "SMART", the excessive complexity or excessive use of foreign words - generally pitfalls that need to taken into account in any implementation of business processes, they are dealt authoritatively - centralized. Keywords: Řízení pracovního výkonu, Balanced Scorecard, Odměňování, Kulturní diverzita, Performance management, Remuneration, Cultural diversity Classification-JEL: M12 Volume: 2009 Issue: 3 Year: 2009 File-URL: http://www.vse.cz/eam/72 File-Format: text/html Handle: RePEc:prg:jnleam:v:2009:y:2009:i:3:id:72 X-File-Ref: http://www.vse.cz/RePEc/prg/jnleam/references/72 Template-Type: ReDIF-Article 1.0 Author-Name: Olga Kupec Title: How companies react to the risks and chances of the global crisis Abstract: The global economy is getting through the deepest global economic crisis. This crisis involves almost all branches and companies. There are many ways and options how the companies can face the rapidly changed situation. The important thing is that managers should recognize the changes in the corporate environment in time. Further on, they should estimate the future development and consequently use this knowledge for creating of strategies and restructure of companies and participate in new market dividing. Keywords: Strategie, Strategy, Restrukturalizace, Krize podniků, Globální hospodářská krize, Restructure, Industrial crisis, Global economic crisis Classification-JEL: G30 Volume: 2009 Issue: 3 Year: 2009 File-URL: http://www.vse.cz/eam/73 File-Format: text/html Handle: RePEc:prg:jnleam:v:2009:y:2009:i:3:id:73 X-File-Ref: http://www.vse.cz/RePEc/prg/jnleam/references/73 Template-Type: ReDIF-Article 1.0 Author-Name: Vít Pošta Title: The Role of fundamentals factors of empirical analysis of the Prague stock exchange Abstract: The paper presents an empirical analysis of the Prague stock exchange as a whole approximated by the index and also selected issues traded on the Prague stock exchange. The goal of the paper is to verify the relationship between the market as a whole and the selected issues on one hand and selected fundamentals on the other hand. The results carry useful information in the context of both economic theory, especially with respect to market efficiency hypothesis, and business administration, mainly in the area of financial management. Keywords: efektivita trhu, fundamentální faktory, empirická analýza, empirical analysis, market efficiency, fundamentals Classification-JEL: G14 Volume: 2009 Issue: 3 Year: 2009 File-URL: http://www.vse.cz/eam/74 File-Format: text/html Handle: RePEc:prg:jnleam:v:2009:y:2009:i:3:id:74 X-File-Ref: http://www.vse.cz/RePEc/prg/jnleam/references/74 Template-Type: ReDIF-Article 1.0 Author-Name: Jindřich Špička Title: The Risk Analysis in the Agricultural Enterprises using Earnings at Risk Method Abstract: The paper examines the potential of stochastic simulation methods and Earnings at Risk method in risk analysis of farming business. The results revealed a different nature of yield and price risks in agriculture. The natural yields are low spatially correlated and the rate of yield risk depends on the climate and weather features, soil properties, technology of production and other predominantly natural variables. Estimates of yield probability distribution require the most individualized data. Price risk has higher spatial correlation. The case study illustrates that the Monte Carlo simulation and Earnings at Risk method are suitable tools for risk analysis in econometric models at the farm level as well as at the aggregate level. Keywords: Zemědělství, Earnings at Risk, Monte Carlo, analýza rizika, stochastická simulace, Agriculture, risk analysis, stochastic simulation Classification-JEL: G15, G32, Q14 Volume: 2009 Issue: 3 Year: 2009 File-URL: http://www.vse.cz/eam/75 File-Format: text/html Handle: RePEc:prg:jnleam:v:2009:y:2009:i:3:id:75 X-File-Ref: http://www.vse.cz/RePEc/prg/jnleam/references/75 Template-Type: ReDIF-Article 1.0 Author-Name: Robert Zich Title: Strategic Development of Competitive Advantages in Success- Ability Concept in Connection with Resource Based View and Core Competencies Abstract: The article explains the way in which success-ability concept in understanding of resources of competitive advantages follows up with resource based view and core competencies conception. It defines how success-ability concept operates with the projection of necessity to distinguish the various types of competitive advantages. The acceptation of this principle is clarified in the wider context of development of competitive advantages. The article explains the essence which success-ability concept applies for development of individual competitive advantages in the connection with formulation and implementation of strategy. This concept defines as well own classification of the resources which can create a base for individual advantages. Keywords: Strategie, Strategy, Úspěchuschopnost, kompetence, zdroj, konkurenční výhoda, konkurenceschopnost, Success-ability, competitiveness, competitive advantage Classification-JEL: L10, L21 Volume: 2009 Issue: 3 Year: 2009 File-URL: http://www.vse.cz/eam/76 File-Format: text/html Handle: RePEc:prg:jnleam:v:2009:y:2009:i:3:id:76 X-File-Ref: http://www.vse.cz/RePEc/prg/jnleam/references/76 Template-Type: ReDIF-Article 1.0 Author-Name: Miloš Mařík Title: Recenze Aplikovaná analýza rizika ve finančním managementu a investičním rozhodování Volume: 2009 Issue: 3 Year: 2009 File-URL: http://www.vse.cz/eam/77 File-Format: text/html Handle: RePEc:prg:jnleam:v:2009:y:2009:i:3:id:77 Template-Type: ReDIF-Article 1.0 Author-Name: Leo Vodáček Title: Recenze Aplikovaná analýza rizika ve finančním managementu a investičním rozhodování Volume: 2009 Issue: 3 Year: 2009 File-URL: http://www.vse.cz/eam/78 File-Format: text/html Handle: RePEc:prg:jnleam:v:2009:y:2009:i:3:id:78