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Implementation of diversification strategy on farms in the Czech Republic

Author

Listed:
  • Jan Huml

    (Katedra řízení, Provozně ekonomická fakulta, Česká zemědělská univerzita v Praze, Kamýcká 129, 165 21 Praha 6-Suchdol, Česká republika)

  • Lucie Vokáčová

    (Katedra řízení, Provozně ekonomická fakulta, Česká zemědělská univerzita v Praze, Kamýcká 129, 165 21 Praha 6-Suchdol, Česká republika)

  • Štěpán Kala

    (Katedra řízení, Provozně ekonomická fakulta, Česká zemědělská univerzita v Praze, Kamýcká 129, 165 21 Praha 6-Suchdol, Česká republika)

Abstract

Nowadays, it is not easy to achieve prosperity and flourishing progress of an agriculture company. The owners and managers engaged in agricultural sector are thus forced to face increased challenge as for the search of new and more stable sources of income. Employing the strategy of diversification represents one of the possible ways aiming to improve the current situation. Moreover, this strategy also provides important tool for enhancing the quality of rural infrastructure and creation of job opportunities in non-traditional sectors and thus makes for the decrease in jobs in the agricultural sector. The study of secondary sources and in-depth interviews with successful diversification project managers allowed the analysis of prospective usage of the diversification strategy in agricultural companies.

Suggested Citation

  • Jan Huml & Lucie Vokáčová & Štěpán Kala, 2011. "Implementation of diversification strategy on farms in the Czech Republic," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 59(2), pages 109-114.
    • Handle: RePEc:mup:actaun:actaun_2011059020109
    DOI: 10.11118/actaun201159020109
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    Citations

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    Cited by:

    1. Kotyza, P. & Tomšík, K., 2014. "Effects of Public Support on Producer Groups Establishment in the Czech Republic and Slovakia," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 6(2), pages 1-11, June.
    2. Jan Vavřina & Kamila Růžičková, 2012. "Agricultural producers' groups in the Czech Republic: introductory review and discussion of the problem area economic performance measurement," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 60(7), pages 441-450.

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