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THE LEVEL AND POSITION OF STRATEGIC BUSINESS MANAGEMENT IN THE CZECH REPUBLIC, RUSSIA AND CHINA AND THEIR MUTUAL COMPARISON

by | Jan 16, 2020 | DOI 2018

Jarmila Straková
Faculty of Corporate Strategy, Institute of Technology and Business in České Budějovice, Czech Republic
DOI: https://doi.org/10.31410/eraz.2018.383

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4th International Conference – ERAZ 2018 – KNOWLEDGE BASED SUSTAINABLE ECONOMIC DEVELOPMENT, Sofia- Bulgaria, June 7, 2018, CONFERENCE PROCEEDINGS published by: Association of Economists and Managers of the Balkans, Belgrade, Serbia;  Faculty of Business Studies, Mediterranean University – Podgorica, Montenegro; University of National and World Economy – Sofia, Bulgaria; Faculty of Commercial and Business Studies – Celje, Slovenia; Faculty of Applied Management, Economics and Finance – Belgrade, Serbia, ISBN 978-86-80194-12-7

Abstract

At general level across the global scientific community there is an opinion consensus about the importance of strategic management and decision-making for the development of an entrepreneurial subject. A research survey on this issue was conducted on this issue in the conditions of the Czech Republic, to a lesser extent in the conditions of Russia and China. The subject of the research was focused on the existence of the company’s vision and mission, strategic goals and corporate strategies. From the statistical methods, Pearson’s chi-square test was used to determine the dependence / independence of selected categorical variables. These results need to be considered diagnostic (for Russian and Chinese enterprises), but some of the particularities of the national economies are already reflected in them. In spite of the already mentioned indicative character of the results, the assumption of significant differentiation in terms of objectives, tools and forms of strategic management of enterprises among the tested countries was not confirmed. 

Key words

Strategic management, vision, mission, strategy, Czech Republic, Russia, China


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