Central European Business Review 2017, 6(4):20-29 | DOI: 10.18267/j.cebr.188
The Business Excellence Models in Czech Enterprises: The Effects of Business Strategy on Performance
- 1 Department of Business Economics and Management, School of Business Administration in Karviná, Silesian University in Opava, Univerzitní nám. 1934/3, Karviná, 733 40, Czech Republic, adamek@opf.slu.cz
- 2 Department of Business Economics and Management, School of Business Administration in Karviná, Silesian University in Opava, Univerzitní nám. 1934/3, Karviná, 733 40, Czech Republic, bauerova@opf.slu.cz
- 3 Department of Business Economics and Management, School of Business Administration in Karviná, Silesian University in Opava, Univerzitní nám. 1934/3, Karviná, 733 40, Czech Republic, kadlubcova@opf.slu.cz
- 4 Department of Business Economics and Management, School of Business Administration in Karviná, Silesian University in Opava, Univerzitní nám. 1934/3, Karviná, 733 40, Czech Republic, zapletalova@opf.slu.cz
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.
Keywords: business strategy, international performance, international experience, business excellence model, resources
JEL classification: F23, M16
Received: August 12, 2017; Revised: December 12, 2017; Published: December 31, 2017 Show citation
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