The Influence of Some Factors of Competitiveness on Business Risks

Abstract

The impact of significant competition factors on the riskiness of business risk in the SMEs sector in the Czech Republic and Slovak Republic. The empirical research was constructed on the basis a questionnaire. The attitudes from 641 entrepreneurs from two countries were collected during the year 2018. The statistical hypotheses were evaluated using quantitative methods. The multiple linear regression models were used to evaluate the impact of the competitive environment and of the narrow business environment on the perception of the riskiness of business risk according to entrepreneurs. The conclusions ofthe research showed an interesting finding. The authors found that the competitive environment, as well as the narrower business environment, affects the perception of the riskiness of business risk. It has also been shown that my customers accept the prices of my products and services. This is the most important indicator of a competitive environment. The most important indicator of a narrower business environment is that my customers support me in doing business. The authors believe that the article has brought several interesting findings and new incentives for the further research and discussion regarding to the perception of enterprise risk not only in the selected countries this research.

Risk Management of Tourism Demand in South-Western Bulgaria through Correlation Analysis

“…were used. [15,16,17,18] In the processing of the empirical information and its tabular and graphical representation, the specialized statistical package (Excel, PowerPoint, Point 13 program SPS) was used.…”

Globalization Impact on the Maritime Trade between the USA and the Slovak Republic

“…This port is situated near Macao and belongs to the most important ports in China. [12,15] After this first stop the container vessel continues through the Luzon Strait and through the Philippine Sea to the coast of Papua New Guinea and to the Coral Sea. Then it sails along the coast of Australia to the port of Geelong.…”

“…After a short stop in the port of Geelong the vessel is ready to sail along the Transpacific shipping route through Tonga, Samoa, Kiribati and the Hawaiian Islands to the port of Los Angeles. [11,12]…”

“…So, in the case of ideal conditions and without downtime in ports, sailing on this route at the speed of 18 knots would take approximately 47 days. [12,14]. Costs of container transportation are of the significant factors that affect the final price of the product.…”

“…In case of maritime transport SHS Web of Conferences 92, 0 (2021) Globalization and its Socio-Economic Consequences 2020 between the port of Hamburg and the port of Los Angeles, the basic tariff rate transportation of all types "FAK "was 2350 USD in January 2020. This tariff rate for transportation of container between the port of Koper and the port of Los Angeles was 2450 USD in February [10,12,13,15]. But there are significant differences in the case of additional fees.…”