Publication detail

FUZZY MODEL OF RELATIONSHIP AMONG ECONOMIC PERFORMANCE, COMPETITIVENESS AND BUSINESS ETHICS OF SMALL AND MEDIUM-SIZED ENTERPRISES

BOČKOVÁ, N. BROŽ, Z. DOHNAL, M.

Original Title

FUZZY MODEL OF RELATIONSHIP AMONG ECONOMIC PERFORMANCE, COMPETITIVENESS AND BUSINESS ETHICS OF SMALL AND MEDIUM-SIZED ENTERPRISES

English Title

FUZZY MODEL OF RELATIONSHIP AMONG ECONOMIC PERFORMANCE, COMPETITIVENESS AND BUSINESS ETHICS OF SMALL AND MEDIUM-SIZED ENTERPRISES

Type

journal article - other

Language

Czech

Original Abstract

The objective of this article is to study the relations among financial indicators, competitiveness and business ethics of comparable small and medium-sized enterprises. A sample of 59 SMEs from the South Moravia region was chosen. All selected companies either produce or service electronics. This research is based on the application of scientific analysis, synthesis, induction, fuzzy logic and modeling. Information for this research was obtained from secondary information sources – Amadeus database, accounting statements and information from the register of companies. Each company is described by a set of 10 variables. Fuzzy sets and reasoning are ideal tools to cope with vague, ill-structured and uncertain scenarios which can be found frequently in business and economics. This is the main reason why fuzzy logic was used in this research. The paper is self-explanatory and no a prior knowledge of fuzzy reasoning is required.

English abstract

The objective of this article is to study the relations among financial indicators, competitiveness and business ethics of comparable small and medium-sized enterprises. A sample of 59 SMEs from the South Moravia region was chosen. All selected companies either produce or service electronics. This research is based on the application of scientific analysis, synthesis, induction, fuzzy logic and modeling. Information for this research was obtained from secondary information sources – Amadeus database, accounting statements and information from the register of companies. Each company is described by a set of 10 variables. Fuzzy sets and reasoning are ideal tools to cope with vague, ill-structured and uncertain scenarios which can be found frequently in business and economics. This is the main reason why fuzzy logic was used in this research. The paper is self-explanatory and no a prior knowledge of fuzzy reasoning is required.

Keywords

SMEs, performance, business ethics, discrimination, fuzzy logic, competitiveness

Key words in English

SMEs, performance, business ethics, discrimination, fuzzy logic, competitiveness

Authors

BOČKOVÁ, N.; BROŽ, Z.; DOHNAL, M.

RIV year

2012

Released

28. 6. 2012

Publisher

ACTA a FOLIA UNIVERSITATIS

Location

Brno

ISBN

1211-8516

Periodical

Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis

Year of study

2012

Number

4

State

Czech Republic

Pages from

71

Pages to

78

Pages count

8

BibTex

@article{BUT92461,
  author="Nina {Bočková} and Zdeněk {Brož} and Mirko {Dohnal}",
  title="FUZZY MODEL OF RELATIONSHIP AMONG ECONOMIC PERFORMANCE, COMPETITIVENESS AND BUSINESS ETHICS OF SMALL AND MEDIUM-SIZED ENTERPRISES",
  journal="Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis",
  year="2012",
  volume="2012",
  number="4",
  pages="71--78",
  issn="1211-8516"
}