This contribution is focused on the proposal of design for software solution for calculation Statistical Failure Modes and Effect Analysis (SAFMEA). Failure Modes and Effect Analysis is widely used risk management tool, however it has significant drawback as all experts has to be i...

Human resources processes belong to the core business of each enterprise. In conjunction with the diversity of generations that are currently on the Czech labour market (Baby Boomers, X, Y and Z), it is necessary to adapt the personnel activities and the management of many...

Small and medium enterprises play an important role in economy of Slovak Republic and European Union. Importance of innovation for small and medium enterprises increase with the dynamism of economic environment. Innovation is joined with concepts as improvement, increase of profit, inc...

This article discusses the company performance evaluation process using the EFQM Excellence Model. A literature review focused on this model demonstrates that the implementation of the EFQM Excellence Model has brought companies number of positive effects and has provided guidance for improv...

Currently due to constant changes, it is imperative for the enterprises to place great emphasis on how they are managed. Changes that come from the neighbourhood are common and the enterprises need to be able to react quickly and flexibly to them. Introduced strategic manageme...

Market liberalization is a great contemporary trend in many fields of economy. Formation of a united railway market in the EU leads to liberalization of railway passenger transport, what changes the entrepreneurship strategies of transport companies. Liberalized transport market, where the t...

The ever-increasing competition forces companies to look for new outlets for their products. One way to break into new territories is to export. The authors chose the topic of exporting family businesses as a possible step in their future development. The aim was to compare&#x...

When trading with homogenous goods, consumers are not able to distinguish between individual goods and thus are not willing to pay a higher price, if the same product is available for lower price. This leads to an interesting effect, when prices of homogenous goods in&#x...

In recent years WHO published several global reports about alcohol consumption including suggestions for reducing alcohol consumption. The main aim of this effort is decreasing of alcohol consumption globally about 10 % by 2025. They presented several policy options like taxation, bans ...

The paper evaluates the development of bank loans in Slovak agriculture and analyses selected financial ratios of a set of agricultural farms. The data used for the analysis are from Central bank of Slovak republic and the database of Ministry of Agriculture and Rural De...