Agric. Econ. - Czech, 2008, 54(11):505-509 | DOI: 10.17221/267-AGRICECON
Diversification strategy in small and medium size agribusinesses in the Czech Republic - impulses for searching business opportunities
- Department of Management, Faculty of Economics and Management , Czech University of Life Sciences, Prague, Czech Republic
Abstract: The paper derives from the working and publication activities from research project "Chances of product diversification on behalf of improvement of competitive advantage in the small and middle-size farming business in the Czech Republic". This paper deals with the critical success factors for successful diversification at the small and middle-size farming business. For the purpose effective implementation of the diversification have been identified the principal influences of this issue. Besides of that, we have tried to measure a diversification's impact for an entrepreneurial profit in agricultural area. There is a definition of "diversification" as new farmer's activities for using profit opportunity. On the base of 50 units-exploration has been made a hypothesis validation of the most often impulse for doing diversification. That is an effort to utilize more effectively the product factors of farming business. Further, there was a validation of the effective and efficiency diversifications' characters.
Keywords: diversification strategy, impulses, small and medium size business
Published: November 30, 2008 Show citation
| ACS | AIP | APA | ASA | Harvard | Chicago | Chicago Notes | IEEE | ISO690 | MLA | NLM | Turabian | Vancouver |
References
- Bělohlávek F., Košťan P., Šuleř O. (2006): Management. Computer Press, Brno; ISBN 80-251-0396X.
- Fotr J. (1999): Podnikatelský plán a investiční rozhodování (Business Plan and Investment Dicision-making). Grada Publishing, Praha; ISBN 80-7169-404-5.
- Hron J., Štůsek J., Arnošt M., Huml J., PlatilováVorlíčková L. (2007): Diversification - strategy of building the competitive advantage in agribusiness, Agriculture Economics - Czech, 53 (12): 531-538.
Go to original source... - Ilbery B.W. (1991): Farm Diversification as an adjustment strategy on the Urban. Fringe of the West Midlands. Journal of Rural Studies, 7 (3): 207-218. Go to original source...
- Koráb V., Peterka J., Režňáková M. (2007): Podnikatelský plán (Business plan). Computer Press, Brno; ISBN 978-80-251-1605-0.
- Robbins S.P., Coulter M. (2004): Management. Grada Publishing, Praha; ISBN 80-247-0495-1.
- Schumpeter A.J. (1934/1996): The Theory of Economic Development. Transactions Publisher, London.
- Tichá I., Hron J. (2007): Strategické řízení (Strategic Management). PEF ČZU, Praha; ISBN 978-802130922-7.
- Turner M., Whitehead I., Barr D., Howe K. (2006): The Effects of Public Funding on Farmer's Attitudes to Farm Diversifiation. Department for Environment Foods and Rural Affairs, London.
- Winter D.M., Turner M., Barr D., Errington A., Fogerty M., Lobley M. Reed M. (2002): Farm Diversification Activities: Benchmarking study 2002. Final report to DEFRA. Centre for Rural Research, University of Exeter & Rural Tourism Research Group, University of Plymouth.
- Zadražil P. (2007): Provoz a hospodaření podniků se základy podnikání (Business Operation and Economics with Essentials of Enterpreneurship). PEF ČZU, Praha; ISBN 80-213-1465-6.
This is an open access article distributed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International (CC BY NC 4.0), which permits non-comercial use, distribution, and reproduction in any medium, provided the original publication is properly cited. No use, distribution or reproduction is permitted which does not comply with these terms.