Impacts of the Global Crisis Period 2007-2010 on the Automotive Industry in the Czech Republic
Journal Title: Journal of Competitiveness - Year 2013, Vol 5, Issue 2
Abstract
The main aim of this article was to analyse the possible intensity of dependency of the Czech Republic, or more precisely, its total economic indicator Gross Domestic Product on realized Sales sector of the automotive industry before crisis, during the crisis period (2007-2010) as well as after the crisis. There was also used the development analysis of individual total economic indicators in the Czech automotive industry in time. On the other hand, in the article there were found and analysed impacts of the global recession on the functioning of several chosen companies associated in the Automotive Industry Association of the Czech Republic at their interaction with this way developed macroeconomic surroundings. The investigation was based on the development of company result indicator value (Sales) of the selected companies and the chosen macro indicator (Gross Domestic Product) when looking for their reciprocal dependency in the period mainly connected with the financial and economic crisis. In the contribution, an elementary analysis of the chosen indicator Sales was carried out. With the help of regress and correlation analysis there were further researched the relationships among this chosen indicator of company performance reciprocally with all the companies, the Automotive Industry Association of the Czech Republic as a whole, and the chosen macro-indicator representing the development of selected markets. For the following calculation of tested criteria, Cohen’s Coefficient was used to be able to assess the effect of the group on the value variability of studied random quantity.
Authors and Affiliations
Marek Sedlacek
Keywords
Related Articles
- EP ID EP151479
- DOI 10.7441/joc.2013.02.08
- Views 117
- Downloads 0
An Assessment of SME Competitiveness in Indonesia
The purposes of this study are to analyze source of SME competitiveness in selected industry clusters in Indonesia and to develop a theoretical model of SME competitiveness. This study employs quantitative design with mu...
Charisma - Leadership Versus Holistic (Synergetic) Competence of the Managers
There has been the use of the term manager together with a leader – an individual with charisma. Nowadays, they are found even more within the various subjects of management and also in scientific literature. If activiti...
Economic Value Added as a Dependence on the Corporate- and Market-life Cycle
Economic value added (EVA) is an indicator which is widely used as the main tool for financial analysis. There are two methods of calculating it. The original method which was made by Stern & Stewart is defined as th...
Strategic Management of Business Performance Based on Innovations and Information Support in Specific Conditions of Slovakia
Business performance management and measurement is a relatively complex and difficult process, which is currently undergoing significant changes in terms of both theory and practice. Previously used indicators, methods a...
The Feasibility of Fuzzy Sets Utilization in Quantifying the Results of Company Self-evaluation in Accordance With the EFQM Excellence Model
This paper elaborates on the possibility of utilizing fuzzy set methods in order to quantify the results of company self-evaluation in accordance with the EFQM model criteria. The general aim is to modify the self-evalua...