ANALYSIS OF INTER-ENTERPRISE COMPARISON METHODS OF PERFORMANCE AND COMPETITIVENESS OF ENTERPRISES

  • Sofrankova, B.
  • Matkova, S.
Abstract:
The basis for each successful economy is the performance and competitiveness of its core enterprise entities. Rising competition, which is caused by growing globalization processes, forces enterprises to evaluate their performance not only from the point of view of past financial results, but at the same time to compare their achieved results with competition in the relevant sector. Enterprises are exposed to ever stronger competition from globalization, leading to increased flexibility of all actors in the national and world economy, and to improving their performance and competitiveness. The paper deals with the analysis of methods of inter-company comparison of financial performance and competitiveness of enterprises operating in the sphere of information technologies in the Slovak market. Financial performance was assessed using selected financial indicators, selected prediction models as well as modern performance evaluation concepts. Using appropriate statistical methods, input indicators were selected for compiling the inter-enterprise comparison model in terms of the financial performance and competitiveness of the analyzed enterprises in the market space in Slovakia.
SGEM Research areas:
Year:
2018
Type of Publication:
In Proceedings
Keywords:
financial performance; competitiveness; inter-enterprise comparison methods
Volume:
18
SGEM Book title:
5th International Multidisciplinary Scientific Conference on Social Sciences and Arts SGEM 2018
Book number:
1.3
SGEM Series:
International Multidisciplinary Scientific Conference on Social Sciences and Arts-SGEM
Pages:
35-42
Publisher address:
51 Alexander Malinov blvd, Sofia, 1712, Bulgaria
SGEM supporters:
Bulgarian Acad Sci; Acad Sci Czech Republ; Latvian Acad Sci; Polish Acad Sci; Russian Acad Sci; Serbian Acad Sci & Arts; Slovak Acad Sci; Natl Acad Sci Ukraine; Natl Acad Sci Armenia; Sci Council Japan; World Acad Sci; European Acad Sci, Arts & Letters; Ac
Period:
26 August – 01 September, 2018
ISBN:
978-619-7408-63-8
ISSN:
2367-5659
Conference:
5th International Multidisciplinary Scientific Conference on Social Sciences and Arts SGEM 2018, 26 August – 01 September, 2018
DOI:
10.5593/sgemsocial2018/1.3/S03.005
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