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Design of diversification classifier for agricultural entrepreneurs activities

Author

Listed:
  • J. Hron

    (Czech University of Life Sciences, Prague, Czech Republic)

  • T. Macák

    (Czech University of Life Sciences, Prague, Czech Republic)

  • J. Huml

    (Czech University of Life Sciences, Prague, Czech Republic)

Abstract

In current business management, diversification strategy is often connected to the possibility of creating a competitive advantage, based mainly on a wide range of production benefits. One of the critical factors to initiate diversification is the increasing frequency of changes in a company's environment, and also an increase in competitive pressure expressed by shortening a product's life cycle. As a result, the advantages resulting from both vertical and horizontal process integration are reduced. Because there are usually more innovative ideas to widen a business' activities than it would be normally possible to implement, it is essential to choose the ideas with the largest potential for commercial success. This article focuses on the design of classifiers that would enable the selection of designs for diversification, with the potential for commercial success.

Suggested Citation

  • J. Hron & T. Macák & J. Huml, 2009. "Design of diversification classifier for agricultural entrepreneurs activities," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 55(12), pages 565-570.
    • Handle: RePEc:caa:jnlage:v:55:y:2009:i:12:id:112-2009-agricecon
    DOI: 10.17221/112/2009-AGRICECON
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    References listed on IDEAS

    as
    1. J. Hron & J. Štůsek & M. Arnošt & J. Huml & L. Platilová-Vorlíčková, 2007. "Diversification - strategy of building the competitive advantage in agribusiness," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 53(12), pages 580-584.
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    Citations

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    Cited by:

    1. Jan HRON & Tomas MACAK, 2011. "Adaptive organization design based on system integration," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 57(12), pages 565-572.
    2. Daniel BADULESCU & Adriana GIURGIU & Nicolae ISTUDOR & Alina BADULESCU, 2015. "Rural tourism development and financing in Romania: A supply-side analysis," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 61(2), pages 72-82.
    3. Patrik SVOBODA, 2010. "New approaches to the operative leasing accounting," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 56(7), pages 341-348.

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