Issue 1/2014

Analysis of evolution and interdependence of FAO food indices

Author(s):

Jaroslav Korečko, Ivana Ondrijová

Abstract:

International Organization FAO publishes in its activities the FAO Food Price Index (FFPI) which aims to help in monitoring developments in the global agricultural commodity markets. It consists of the average of five commodity group price indices, Meat Price Index, Dairy Price Index, Cereals Price Index, Oil and Fat Price Index, Sugar Price Index. The aim of the paper is to identify statistically significant effect of selected variables operate on meat index through a linear regression model.

Key words:

Food Price Index, FAO, Econometric model

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Analysis of financial health by Quick test at accommodation facilities in Slovakia

Author(s):

Beáta Šofranková

Abstract:

The article is devoted to analyzing the impact of selected non-financial criteria for evaluating thefinancial health of accommodation facilities by using Quick test. The analysis is based on the financial statements of selected Slovak accommodation facilities for the years 2008 - 2011 and the financial situation has been selected by two variants of the Quick test. The connection between selected non-financial criteria and conditions of' financial health were analyzed by using appropriate statistical methods, that confirmed that the evaluating the financial health of accommodation has affected the size of the company - number of employees and the number of beds, that are typical characteristics of enterprises providing accommodation services.

Key words:

creditworthy models, Quick test, financial indicators, non – financial criteria

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Application of non-financial indicators in evaluating the enterprise performance using the statistical methods

Author(s):

Jarmila Horváthová, Martina Mokrišová

Abstract:

Business performance measurement has become an important phenomenon. To evaluate the performance the variety of methods are used. Nowadays conventional performance evaluation of enterprise with the use of financial indicators is not sufficient. This way of performance evaluation has some weaknesses, which can be removed by taking into account also non-financial indicators. The aim of this paper is to determine the influence of selected non-financial indicators on the enterprise performance. In meeting the objective and solving mentioned problem, standard research methods, such as comparative analyses and the method of analysis and synthesis are used. To verify the correctness of the selection of non- financial indicators and to analyse relationships between these indicators, the correlation matrix is applied. In addition to above mentioned methods, when creating strategic management map, the method of modelling will be used. The research and measurements conducted will result in the proposal of the strategic model, where the prognosis of strategic objectives until 2015 is carried out.

Key words:

Balanced ScoreCard method, Correlation matrix, Economic Value Added, Non-financial indicators, Performance, Strategic management map

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Benchmarking method for quality evaluation in hotel industry

Author(s):

Ljiljana Kosar

Abstract:

Benchmarking is the process of comparing one's business processes and performance metrics to industry bests and/or best practices from other industries. There is no single benchmarking process that has been universally adopted. The wide appeal and acceptance of benchmarking has led to various benchmarking methodologies emerging. Benchmarking is successfully applied in the international hotel industry. This method gives answers to questions about the quality of hotel product. This paper treats the specific application of benchmarking for assessing the quality of hotel products. It analyzes the various types of benchmarking and assessing the most suitable species for use in hospitality. By using benchmarking method hoteliers can see how the clients compare their hotel to the other hotels. Competitive benchmarking compares on the following main criteria: prices, product, level of service, location, distribution channels. Benchmarking is undertaken in order to anticipate competitors' strategies. It can give two main answers: How will their selling strategies by segments evolve? How will that impact our demand to come to our hotel?

Key words:

benchmarking, hotel product, quality, evaluation, competitors

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Decision-making and problem solving in real life using parallel Monte Carlo Simulations

Author(s):

Miroslav Karahuta

Abstract:

Every day, millions of people solve problems and make decisions based on their intuition or other soft skills. Using some of the decision-making methods, we can solve many of those situations more precisely. One of such a method can be Monte Carlo Simulations. The first part of this article is short introduction to Monte Carlo with few examples. The second part contains definition of real-life personal logistic problem and solution with Monte Carlo Simulation. Algorithm is implemented using MPI and C++ and simulated on computer cluster. The speedup of parallel computation is compared with serial algorithm.

Key words:

Monte Carlo simulations, Monte Carlo Method, problem solving, logistic

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Development strategies of SMEs: interconnectivity to regional innovation strategies and support programs

Author(s):

Viktória Ali Taha, Viliam Ďuraš

Abstract:

The success and growth of regions is based on its capacity to create, disseminate and apply knowledge, to innovate and develop new technologies. When discussing regional development processes small and medium sized enterprises (SMEs) must be taken into consideration because this group represents important actor of regional development. In this context the attention is paid to examining the relationship between implementation of regional innovation strategies and innovation strategies (processes) of SMEs in the Prešov Region. The aim of this paper is to present partial results of the survey focused on the creation and implementation of innovative strategies at the level of SMEs within the Prešov Region (PSK).

Key words:

innovation, strategy, regional innovation strategy, small and medium sized enterprises

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Language learning strategies and their role in the context of effective language learning

Author(s):

Svetlana Maťková, Sandra Antoliková, Martina Pľuchtová

Abstract:

Knowledge of a foreign language, especially English, is a valuable tool in today’s international, globalized world. It opens the door to the whole world in the way of knowing, understanding and communicating with other cultures. The call for the strengthening of linguistic competences by improving the quality and efficiency of education and training has been announced by the Education Council of European Union. Therefore, language learning strategies, as factors affecting success or failure of language learning process, should be taken into consideration.

Key words:

Language learning, Language learning strategies, Effective language learning

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Nutrition policy and the reality of the first stage of constructing socialism in Slovakia

Author(s):

Rastislava Stoličná

Abstract:

The study aims to describe the most important changes in public nutrition during the first stage of socialism in Slovakia. It explains the essence of the state Communist ideology ́s involvement in people ́s eating habits and the reality of socialist food production and distribution in the 1950s when the acquirement of even basic foodstuffs was often accompanied by food shortage, bad quality, time losses related to food acquirement, and high prices in some cases.

Key words:

socialism, politics, nutrition

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Occupational status of women in the labour market in Poland: analysis of the phenomenon

Author(s):

Beata Ślusarczyk, Aneta Broniszewska

Abstract:

For many years, the phenomenon of entrepreneurship has been the focus of scientific discussions in the field of economic and social sciences in developed countries. Women represent a substantial potential from the standpoint of the economic growth. In the public domain, their presence in the labour markets seems to be one of the most important achievements of the 20th century. Despite equal legal opportunities in the labour market, significant differences continue to exist, especially between the salaries for women and men. The variety of factors that affect professional careers of women and their professional activity causes that the analysis of the phenomenon compared with other countries of the European Union necessitates distinct determination of the causes for development of particular structures and tendencies. The aim of this paper is to analyse the occupational status of women in the labour market in Poland based on a statistical survey.

Key words:

professional activity, entrepreneurship of women, labour market., occupational discrimination.

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Organization of supply chain for international consignments of LTL carrier on the market

Author(s):

Jacek Karcz, Krzysztof Zborowski

Abstract:

The purpose of this article is to bring solutions used in the forwarding companies, within the framework of the construction of international supply chains. This is an extremely important aspect which is already at the stage of creating a strategy for the development of the portfolio of services provided by the shipping company. Discusses system forwarding transport process, what they use and what services they offer. The last part of the article shows a comparison of the two models used to carry out the international transport of general cargo (LTL)-bilateral cooperation between the two freight forwarding companies of two countries and the international distribution system that connects a number of partners. Shown here are the pros and cons of both solutions. However, they are pretty much balanced, therefore, shows both solutions, but the final choice of one of them may be subject to several very individual factors to be taken into account by the managers making the choice.

Key words:

pickup and delivery models, operation strategies, logistic networks, forwarding, international supply chain management

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Process model management trends in Slovakia’s Tax revenue administration for Slovakia’s economic performance

Author(s):

Ján Dobrovič, Radovan Dobrovič, Svetlana Dobrovičová

Abstract:

Within the frame of the research on this matter, we came out form the existing functional organizational structures and tax administration systems not only in Slovakia but also in Hungary, Poland, Czech Republic and Slovenia, whereas the fundamental prerequisite of investigation was increasing efficiency of the system globally. On the basis of trend analysis we assume that upcoming reform of Tax and Customs administration will significantly contribute to the increasing efficiency of the system and in the end to the positive perception of taxes as a socially unpopular obligations.

Key words:

taxes, tax reform, tax administration, efficiency, process management

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Selected aspects of e-learning in educational process

Author(s):

Ľudmila Bednárová, Roman Vavrek

Abstract:

The influence of the development of information and communication technologies and the emergence of „the information society“ is changing a look of the current education and its importance. The emphasis is on the need for lifelong learning, which is determined by development of the company. E-learning is seen as a new approach to teaching, which use information- and communication- technologies. The development of these technologies is currently rapidly and so also the e-learning process is constantly upgraded. In our paper we deal with LMS Moodle, which represents one of the forms of e-learning in higher education. At the same time, we look at its use in high schools in Slovakia.

Key words:

E-learning, education, modernization, LMS Moodle

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Social networking site Twitter as a marketing tool of customer support

Author(s):

Radovan Bačík, Richard Fedorko

Abstract:

The purpose of this article is to describe the specific aspects of social networking sites as a tool of marketing communication. Regarding evaluation of the direction of the given topic, the article summarises the theoretical outcomes of a social networking sites theme as a part of social media. It describes the current state of using social networking sites as a tool of customer support based on the performed analyses, with its attention being focused on the micro-blogging social network site Twitter. Another aim of the article is to evaluate the options that this topic offers to the marketers and also point out possible issues.

Key words:

E-Marketing, Social Media, Social Networking, Twitter, Customer Support

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Status of public administration and regional development in Slovakia

Author(s):

Ján Andrejko

Abstract:

The Slovak Republic is currently characterized by significant regional disparities between the various regions of Slovakia. Large regional differences are that geographically, historically, culturally and most significant differences are in the economic field. Development of public administration is essential for raising the standard of living and culture of the population. Raising the standard of living is only possible in cooperation of government and citizen. The aim of this paper is to highlight the importance of perception and the use of government as part of the company that performs certain specific functions within the Slovak regions.

Key words:

public administration, regional development, region, regional policy

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The application of systems of financial metrics in financial analysis

Author(s):

Sylvia Jenčová

Abstract:

The fundamental factor for the interpretation of a company’s success is to quantify the effects of the analytical indicators determining the overall profitability of the business as an entity. The overall state of the economy determines the ability of businesses to achieve target profitability. In the present context, to some extent in the area of financial management in general, as a subsystem of the overall system of corporate management, use of these financial indicators is imperative. The aim of this paper is to highlight the relevance and importance of using pyramid models, involving financial metrics with considerable expressive ability, in the financial management of businesses.

Key words:

Model, Profitability Indicator, Returm on Assests

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The importance of language learning motivation in language learning process

Author(s):

Svetlana Maťková, Sandra Antoliková, Róbert Modranský

Abstract:

We live in a global world where communicative skills, in more than one language, can be not just an added bonus but rather a true necessity. The knowledge of at least one foreign language, especially English, is besides other key competences (e.g. computer skills) the marker of general knowledge of individuals, moreover, the basic requirement of modern job market.The ultimate goal of every English language teacher should not only be teaching English as a foreign language for the moment, but instilling within a learner a sense of what it is like to be a lifelong English learner. Having English language learners more motivated can ideally have so much needed a long-term impact.

Key words:

Language learning motivation, Language learning process, Teacher

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The level of legal consciousness tax costs related to the customs and administrative enforcement proceedings

Author(s):

Mária Moskvičová

Abstract:

The aim of the article is to introduce the complexity of relationships between the sectors in the procedural tax law, customs and administrative proceedings regarding the enforcement procedure and its regulations. The tax foreclosure procedure is a legal process, which is indeed relatively independent, specific and a relevant equivalent to legal proceedings, but which also has several features in common with other types of legal processes, such as the customs or administrative enforcement proceedings on the basis of which the applicable analysis notes legislative specifics with the same excursion due to their alternative actions. It also examines the relationships between similar and at the same time connecting characteristics.

Key words:

Tax regulations, tax execution regulations, toll regulations, toll execution regulations

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