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The Business Excellence Models in Czech Enterprises: The Effects of Business Strategy on Performance

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  • Pavel Adámek
  • Radka Bauerová
  • Jana Kadlubcová
  • Šárka Zapletalová

Abstract

Business excellence develops and strengthens the management systems and processes of an organization to improve performance and create value for stakeholders. Business excellence models frameworks can help to an organization to focus thought and action in a more systematic and structured way leads to increased performance. The paper focuses on the business strategy of Czech enterprises in the context of business excellence models. The objective of the paper is to identify the relationship between business strategy and international performance of Czech enterprises. The enterprises included in the study are 490 enterprises established in the Czech Republic. The primary data collection method was a questionnaire-interview. The results demonstrate that the business knowledge of managers and company resources significantly correspond with the business strategy of Czech enterprises on international markets.

Suggested Citation

  • Pavel Adámek & Radka Bauerová & Jana Kadlubcová & Šárka Zapletalová, 2017. "The Business Excellence Models in Czech Enterprises: The Effects of Business Strategy on Performance," Central European Business Review, Prague University of Economics and Business, vol. 2017(4), pages 20-29.
    • Handle: RePEc:prg:jnlcbr:v:2017:y:2017:i:4:id:188:p:20-29
    DOI: 10.18267/j.cebr.188
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    References listed on IDEAS

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    1. Igor Filatotchev & Xiaohui Liu & Trevor Buck & Mike Wright, 2009. "The export orientation and export performance of high-technology SMEs in emerging markets: The effects of knowledge transfer by returnee entrepreneurs," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 40(6), pages 1005-1021, August.
    2. Barringer, Bruce R. & Greening, Daniel W., 1998. "Small business growth through geographic expansion: A comparative case study," Journal of Business Venturing, Elsevier, vol. 13(6), pages 467-492, November.
    3. Andrea Pontiggia & Tiziano Vescovi, 2013. "When Size Does Matter. Trends of SMEs Internationalization Strategies in Chinese Economy," Working Papers 28, Department of Management, Università Ca' Foscari Venezia.
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    Cited by:

    1. Nestor Shpak & Marta Naychuk-Khrushch & Ulyana Kohut & Mykhailo Honchar & Włodzimierz Sroka, 2020. "The Usage of Modern Instruments of Business Planning Administration for Small Enterprises: A Case Study Analysis," Central European Business Review, Prague University of Economics and Business, vol. 2020(1), pages 20-42.

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    More about this item

    Keywords

    business strategy; international performance; international experience; business excellence model; resources;
    All these keywords.

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • M16 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - International Business Administration

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