Differences in Competitiveness of the Construction Enterprises in Czech Republic and Austria
Ključne reči:
Enterprise competitiveness, Strategic management, Decision-making, Small and medium-sized enterprises (SME), Marked-based view (MBV), Resource-based view (RBV), ManagementApstrakt
The paper is aimed at analysis in the areas of strategic management, competitive position and decision-making in small and medium-sized construction enterprises according to their managers. It presents the results of the survey conducted in Czech Republic and Austria. The results are mutually compared and the differences between the enterprises and their managers are identified. For the questionnaire survey two approaches were used, namely resource-based view and the market-based view, for the identification of the competitive position of the enterprises. There are also questions focused on propositions for manager’s decision-making. All the acquired results are statistically evaluated with appropriate commentaries. Relationships between those areas in each enterprise provides better understanding of mutual dependence of strategic management, decision-making and competitive analysis. It also provides evidence of different approach of the Czech and Austrian enterprises in analysed areas. Results can be used by managers to understand links and different approaches to those areas in Czech and Austrian small and medium-sized construction enterprises.
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Reference
Barney, J. B., (1991) “Firm Resources and Sustained Competitive Advantage”, Journal of Management, Vol. 17, No. 1, pp. 99–120.
Grant, R. M., (1991) “The Resource-Based Theory of Competitive Advantage: Implications for Strategy Formulation”, California Management Review, Vol. 33, No. 3, pp. 114–135
Kahneman, D., Tversky, A. (2000) Choice, Values, Frames, Cambridge, Cambridge University Press.
Kraaijenbrink, J., Spender, J.-C.; Groen, A. (2010) “The resource-based view: A review and assessment of its critiques”, Journal of management, Vol 36, No. 1, pp. 349-372
Lucas, R. E. Jr., Sargent, T. (1981) Rational Expectation, Minneapolis, University of Minnesota Press.
Marinič, P. (2012) “Development of construction enterprises - Criteria for limitations of basic set of enterprises”, In Majtán, Š. (Ed.), Aktuálné problémy podnikovej sféry 2012, Ekonóm, Bratislava, pp. 298-303
Marinič, P., Záthurecký, V. (2014) “Evaluation of the construction industry’s economic situation and expected development according to managers of SMBs”,Central European Journal of Management, Vol. 1, No. 1, pp. 49-64
Muth, J. F. (1961) “Rational Expectations and the Theory of Price Movements”, Econometrica, Vol. 29, No. 3, pp. 315-335
Nalebuff, B., J., Brandenburger, A., M. (1996) Cooperation, London, HarperCollins.
Porter, M., E. (1994) Competitive Strategy: Techniques for Analyzing Industries and Competitors, Prague, Victoria Publishing.
Wernerfield, B. (1984) “The Resource-Based View of the Firm”, Strategic Management Journal, Vol. 5, No. 2, pp. 171-180
Záthurecký, V., Marinič. P. (2013) “Development of Construction Enterprises During the Economic Recession: Information About Data Collection”. In Majtán, Š. (Ed.),Aktuálne problémy podniko vejsféry 2013,Ekonóm,Bratislava pp. 574-581
