Design of diversification classifier for agricultural entrepreneurs activities

J. Hron, T. Macák and J. Huml
Additional contact information
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

Agricultural Economics, 2009, vol. 55, issue 12, 565-570

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.

Keywords: diversification; classifier; agriculture; integrated system (search for similar items in EconPapers)
Date: 2009
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://agricecon.agriculturejournals.cz/artkey/age ... neurs-activities.php (text/html)
http://agricecon.agriculturejournals.cz/pdfs/age/2009/12/02.pdf (application/pdf)
free of charge

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:caa:jnlage:v:55:y:2009:i:12:id:112-2009-agricecon

Access Statistics for this article

Agricultural Economics is currently edited by Ing. Zdeňka Náglová, Ph.D.

More articles in Agricultural Economics from Czech Academy of Agricultural Sciences
Bibliographic data for series maintained by Ivo Andrle ().