Agricultural Economics, 2009 (vol. 55), issue 7

New approaches to the solving of economic crisis in business management

E. Svoboda

Agric. Econ. - Czech, 2009, 55(7):307-313 | DOI: 10.17221/50/2009-AGRICECON  

The paper presents the results of the research focused on crisis management, which is based on the process of change management by the author-formulated methodology of the creation, implementation and changes of business strategies and requirements for their improvement due to the incidence of a turbulent management environment and other essential factors. The main factors of crisis and methods of their analysis are formulated. Thereinafter, the strategies of solving crisis situations are formulated. The company Bioveta, Inc. is analysed in detail. The research has proved that companies with modern management need a well-made and working system of...

Application of behavioural economy principles in the grocery market

J. Stávková, L. Stejskal, Z. Procházková

Agric. Econ. - Czech, 2009, 55(7):314-320 | DOI: 10.17221/52/2009-AGRICECON  

The article presents the contribution to the research of questions concerning the price concepts from the point of view of the behavioural economy. According to this scientific discipline, contrary to the neo-classical economy, price is not always the most important factor determining the consumer's purchase decision. The traditional spheres of behavioural approach to price perception have long been the analyses of the purchase processes of electronics and financial market products. Against this conception, the authors propose their own thesis on the possibilities of the behavioural approach utilization in the grocery market. Foodstuff is specific...

The development of main factors of the wine demand

H. Chládková, P. Tomšík, S. Gurská

Agric. Econ. - Czech, 2009, 55(7):321-326 | DOI: 10.17221/58/2009-AGRICECON  

The paper identifies and analyses the main factors which influenced the wine demand. The average annual wine consumption per capita is the basic factor of the wine demand. The average annual wine consumption, one of the wine demand factors, grew between 2003 and 2007 from 16.3 l to 18.5 l per capita. Following this trend, we can expect the average annual wine consumption 19.0 l per capita in year 2010. A positive feature of this development is also the fact, that there grows the demand after the quality wines. At the same time, there grows also the consumption of the lower quality, cheap wines packed in boxes or PET bottles. A continuously growing...

Goodwill - the recognition and measurements according to the European accounting legislation and the international financial reporting standards

P. Svoboda

Agric. Econ. - Czech, 2009, 55(7):327-334 | DOI: 10.17221/59/2009-AGRICECON  

The paper is concerned with the comparison of the approaches of the chosen European accounting legislation to the initial recognition and measurements after the recognition in case of goodwill and badwill (respectively acquisition differences) with approaches used by the IAS/IFRS. There are compared strengths and weaknesses of the individual approaches. The main problems are defined and solved. The paper is also concerned with the date significant for the acquisition and goodwill calculation.

Aspects of the value added tax within the self assessment system and the extended guarantees for the provision of services in the countries of the European Union

P. David

Agric. Econ. - Czech, 2009, 55(7):335-346 | DOI: 10.17221/590-AGRICECON  

The rules of the European Union suppose the value added tax as the only general excise tax. The need for harmonization of this tax in the existing EU member states is obvious, but the results in this field are not entirely convincing. Also the provision of services is a problematic field among others in the implementation of value added tax. It is essential to examine the issue of the value added tax, in this case, both the possibilities of the use of the self assessment system of the value added tax by the recipient of the service compared to the accounting of service including the value added tax by a provider of this service, even if the provider...

Interest rates and prices causality in the Czech Republic - Granger approach

J. Poměnková, S. Kapounek

Agric. Econ. - Czech, 2009, 55(7):347-356 | DOI: 10.17221/2/2009-AGRICECON  

Monetary policy analysis concerns both the assumptions of the transmission mechanism and the direction of causality between the nominal (i.e. the money) and real economy. The traditional channel of monetary policy implementation works via the interest rate changes and their impact on the investment activity and the aggregate demand. Altering the relationship between the aggregate demand and supply then impacts the general price level and hence inflation. Alternatively, the Post-Keynesians postulate money as a residual. In their approach, banks credit in response to the movements in investment activities and demand for money. In this paper, the authors...

Faculty of Business and Economics of the Mendel University in Brno celebrates the 50th anniversary

J. Stávková

Agric. Econ. - Czech, 2009, 55(7):357-359 | DOI: 10.17221/46/2009-AGRICECON