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Benchmarking for Major Producers of Limestone in the Czech Republic

Author

Listed:
  • Vanék Michal
  • Bora Petr

    (Institute of Economics and Management Systems, Faculty of Mining and Geology, VŠB – Technical University of Ostrava, Czech Republic)

  • Mikoláš Milan

    (Institute of Mining Engineering and Safety Faculty of Mining and Geology, VŠB – Technical University of Ostrava, Czech Republic)

Abstract

The validity of information available to managers influences the quality of the decision-making processes controlled by those managers. Benchmarking is a method which can yield quality information. The importance of benchmarking is strengthened by the fact that many authors consider benchmarking to be an integral part of strategic management. In commercial practice, benchmarking data and conclusions usually become commercial secrets for internal use only. The wider professional public lacks this valuable information. This paper tries to fill the gap regarding the operation of certain limestone extraction companies. It presents information and conclusions drawn from an independent benchmarking investigation.

Suggested Citation

  • Vanék Michal & Bora Petr & Mikoláš Milan, 2013. "Benchmarking for Major Producers of Limestone in the Czech Republic," Gospodarka Surowcami Mineralnymi / Mineral Resources Management, Sciendo, vol. 29(1), pages 157-173, March.
    • Handle: RePEc:vrs:gosmin:v:29:y:2013:i:1:p:157-173:n:3
    DOI: 10.2478/gospo-2013-0003
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