Statistical analysis of factors influencing the results of enterprises in dairy industry

Abstract

Th e article deals with companies processing and producing dairy products and cheeses in the Czech market. Th e dairy industry is a crucial fi eld among the production of food products. On March 31, 2015 the milk quotas were cancelled. Th e impacts of their cancelation can bring danger for the dairy business but also provide some opportunities. Th erefore it is important that businesses are economically powerful and so are able to strengthen their competitive position. Th is article aims to analyse businesses to identify vulnerable groups of businesses and those groups whose welfare is not essentially jeopardized. Partially, the aim is to assess whether there are signifi cant diff erences in economic indicators among enterprises of the dairy industry (divided according to their size, ownership and subsidy drawing). At the same time the aim is to fi nd groups of dairy businesses from the set which are similar to each other and which diff er from other groups of companies and thus set their position in the Czech market. Over all there were 35 dairy milk businesses analysed in 2013. Th ere were statistically signifi cant diff erences in some economic indicators among corporations considering drawing grants, size, ownership structure and binding to primary production. According to the cluster analysis the large companies with foreign ownership can be considered as a potential threat and may aff ect the position and competitiveness of other businesses. Th e results indicate the endangered position of Czech medium-sized businesses as well as opportunities for stabilizing small businesses which specialize closely.

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“…Direct foreign and capital investments, the level of population income, the income tax rate and the dynamics of the exchange rate were selected as relevant factors, while the set of internal effective factors of agricultural enterprises were not included in the analysis. V. The methodological toolkit of the statistical analysis of factors affecting the results and efficiency of activities carried out by Czech researchers (Naglova et al, 2017) is more focused on the specifics of dairy enterprises. In turn, the use of the cluster analysis methodology allowed assessing the factor impact of foreign capital on the efficiency and competitiveness of medium and small producers of dairy products.…”

The farming costs (including insurance) of the agricultural holdings in the European Union

“…There are many different types of agricultural enterprises in the European Union. The character of individual enterprises is determined by their size, business orientation, ownership structure, local legislation, subsidies, and many other determinants (Hornowski et al, 2020;Naglova et al, 2017). The driver of individual enterprises is their efficiency and competitiveness.…”

Strategic Directions of Marketing Activities of Agricultural Organizations

“…It is the fourth largest employer. According to Food and Drink Europe, the production of dairy products in the country ranks third in the overall production of food products (after beverages and meat products) [140].…”