The implementation of the microeconomics theory of the economic efficiency to the business economics
In: Politická ekonomie: teorie, modelování, aplikace, Band 52, Heft 4, S. 521-530
ISSN: 2336-8225
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In: Politická ekonomie: teorie, modelování, aplikace, Band 52, Heft 4, S. 521-530
ISSN: 2336-8225
N/A
The aim of the publication is to identify the level of quality in industrial enterprises, including the level and method of management quality and determining the factors of quality and quality management factors that impact on business performance. One of the outputs of the publication is a framework concept which in general is characterized by factors that with a direct impact on the quality (product) establishment and management but also on its performance. The publication is based on the research that was carried out in industrial enterprises (in selected areas) in the Czech Republic. Performed research was a part of a specific research at the Department of Corporate economy, Masaryk University
The publication is the result of a three-year observation of Czech companies' relation to quality, particularly their awareness of the fact that the quality of their products is a factor of competitiveness of the entire enterprise. The research was carried out using a questionnaire survey in companies in selected sectors. Based on the research of relevant specialized literature, research questions were formulated in the field of product quality, product quality monitoring and control, degree of customer satisfaction, and competitive advantages and disadvantages. Partial analyses were carried out from 2008 to 2010, and only those questions that remained completely unchanged in the individual reporting periods were subjected to mutual comparison. In addition to the survey, the financial indicators of the individual participating companies were analyzed in each year. This enabled the authors to monitor the situation of the company not only in the context of issues of quality, but also relate the results of this survey to their actual financial success. To split the businesses into two groups according to their financial performance five indicators selected on the basis of the research literature and experience with previous similar studies on a similar subject were used