POKORNÁ, Jana and Petr SUCHÁNEK. The impact of strategic management tools on product quality and business performance. In SGEM conference on political sciences, law, finance, economics & tourism. Sofia, Bulgaria: International multidisciplinary scientific conferences on social sciences & arts, 2014, p. 327-334. ISBN 978-619-7105-26-1. Available from: https://dx.doi.org/10.5593/sgemsocial2014B22.
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Basic information
Original name The impact of strategic management tools on product quality and business performance
Authors POKORNÁ, Jana (203 Czech Republic, guarantor, belonging to the institution) and Petr SUCHÁNEK (203 Czech Republic, belonging to the institution).
Edition Sofia, Bulgaria, SGEM conference on political sciences, law, finance, economics & tourism. p. 327-334, 8 pp. 2014.
Publisher International multidisciplinary scientific conferences on social sciences & arts
Other information
Original language English
Type of outcome Proceedings paper
Field of Study 50600 5.6 Political science
Country of publisher Bulgaria
Confidentiality degree is not subject to a state or trade secret
Publication form printed version "print"
RIV identification code RIV/00216224:14560/14:00076353
Organization unit Faculty of Economics and Administration
ISBN 978-619-7105-26-1
Doi http://dx.doi.org/10.5593/sgemsocial2014B22
UT WoS 000359614600042
Keywords in English strategic management tools; quality certificate; product quality; business performance; the Czech Republic
Tags International impact, Reviewed
Changed by Changed by: doc. Ing. Bc. Petr Suchánek, Ph.D., učo 1544. Changed: 4/9/2015 12:06.
Abstract
The paper aims to find out if the use of strategic management tools affects the quality of the product and business performance. The empirical survey was executed in 101 Czech food processing companies. Using of 10 various strategic management tools and a quality certificates was investigated. The quality of the product was measured by the number of defect products and complaints and also by subjective quality perceived by the manufacturer. Business performance was measured by financial indicators Return on assets, Return on equity and Total assets turnover ratio. Results show that although manufacturers themselves believe that the use of strategic management tools has a positive impact on the quality and performance, statistical analysis did not confirm the association.
Links
MUNI/A/0799/2013, interní kód MUName: Řízení kvality a konkurenceschopnost podniku
Investor: Masaryk University, Category A
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