Abstract: Financial literacy is a widely discussed topic on the
national and international level by governments, organizations and
academia. For this reason, this study analyses financial knowledge,
financial behavior, and financial attitudes of students of finance. The
aim of the paper is to determine whether the financial literacy of
university students studying finance differs from the level of financial
literacy in selected OECD countries. The research was conducted at
Masaryk University in the Czech Republic. The empirical study
comprises questions related to several aspects of financial literacy,
such as financial knowledge, personal finance behavior, or decisionmaking.
The results indicate that improvement in financial literacy of
university students is still required, even though their major is finance
related.
Abstract: Ensuring of continuity of business is basic strategy of
every company. Continuity of organization activities includes
comprehensive procedures that help in solving unexpected situations
of natural and anthropogenic character (for example flood, blaze,
economic situations). Planning of continuity operations is a process
that helps identify critical processes and implement plans for the
security and recovery of key processes. The aim of this article is to
demonstrate application of system approach to managing business
continuity called business continuity management systems in military
issues. This article describes the life cycle of business continuity
management which is based on the established cycle PDCA (Plan-
Do-Check-Act). After this is carried out by activities which are
making by University of Defence during activation of forces and
means of the integrated rescue system in case of emergencies -
accidents at a nuclear power plant in Czech Republic. Activities of
various stages of deployment earmarked forces and resources are
managed and evaluated by using MCMS application (Military
Continuity Management System).
Abstract: Present empirical paper investigates the relationship
between FDI and economic growth by 10 selected industries in 10
Central and Eastern European countries from the period 1995 to
2012. Different estimation approaches were used to explore the
connection between FDI and economic growth, for example OLS,
RE, FE with and without time dummies. Obtained empirical results
leads to some main consequences: First, the Central and East
European countries (CEEC) attracted foreign direct investment,
which raised the productivity of industries they entered in. It should
be concluded that the linkage between FDI and output growth by
industries is positive and significant enough to suggest that foreign
firm’s participation enhanced the productivity of the industries they
occupied. There had been an endogeneity problem in the regression
and fixed effects estimation approach was used which partially
corrected the regression analysis in order to make the results less
biased. Second, it should be stressed that the results show that time
has an important role in making FDI operational for enhancing output
growth by industries via total factor productivity. Third, R&D
positively affected economic growth and at the same time, it should
take some time for research and development to influence economic
growth. Fourth, the general trends masked crucial differences at the
country level: over the last 20 years, the analysis of the tables and
figures at the country level show that the main recipients of FDI of
the 11 Central and Eastern European countries were Hungary, Poland
and the Czech Republic. The main reason was that these countries
had more open door policies for attracting the FDI. Fifth, according
to the graphical analysis, while Hungary had the highest FDI inflow
in this region, it was not reflected in the GDP growth as much as in
other Central and Eastern European countries.
Abstract: With the increasing dependence of countries on the
critical infrastructure, it increases their vulnerability. Big threat is
primarily in the human factor (personnel of the critical infrastructure)
and in terrorist attacks. It emphasizes the development of
methodology for searching of weak points and their subsequent
elimination. This article discusses methods for the analysis of safety
in the objects of critical infrastructure. It also contains proposal for
methodology for training employees of security services in the
objects of the critical infrastructure and developing scenarios of
attacks on selected objects of the critical infrastructure.
Abstract: The paper is focused on the application of the security
audit method on the selected objects of the critical infrastructure. The
emphasis is put on security audit method to find gaps in the critical
infrastructure security. The theoretical part describes objects of the
critical infrastructure. The practical part describes using of the
security audit method. The main emphasis was put on the protection
of the critical infrastructure in the Czech Republic.
Abstract: At the present time, awareness, education, computer
simulation and information systems protection are very serious and
relevant topics. The article deals with perspectives and possibilities of
implementation of emergence or natural hazard threats into the
system which is developed for communication among members of
crisis management staffs. The Czech Hydro-Meteorological Institute
with its System of Integrated Warning Service resents the largest
usable base of information. National information systems are connected to foreign systems,
especially to flooding emergency systems of neighboring countries,
systems of European Union and international organizations where the
Czech Republic is a member. Use of outputs of particular information
systems and computer simulations on a single communication
interface of information system for communication among members
of crisis management staff and setting the site interoperability in the
net will lead to time savings in decision-making processes in solving
extraordinary events and crisis situations. Faster managing of an
extraordinary event or a crisis situation will bring positive effects and
minimize the impact of negative effects on the environment.
Abstract: The following article presents Technology Centre of
Ostrava (TCO) in the Czech Republic describing the structure and
main research areas realized by the project ENET - Energy Units for
Utilization of non Traditional Energy Sources. More details are
presented from the research program dealing with transformation,
accumulation and distribution of electric energy. Technology Centre
has its own energy mix consisting of alternative sources of fuel
sources that use of process gases from the storage part and also the
energy from distribution network. The article will be focus on the
properties and application possibilities SiC semiconductor devices for
power semiconductor converter for photovoltaic systems.
Abstract: The largest share of policy and money within the
European Union goes to agriculture. The Union’s Common
Agricultural Policy has undergone several transformations in the last
five decades, with the main change taking place in the 1990s. This
change influenced agriculture in the Czech Republic, inasmuch as the
fledgling republic was preparing to join the European Union and
adopt its policies. In the 1990s, Czech agriculture passed from
a centrally planned economy to a market economy and subsequently
adopted the terms of the Common Agricultural Policy. The Czech
Republic is also characterized by a significant diversification of
landscape sphere. Agricultural entrepreneurs in the Czech Republic
are still not accustomed to the possibility of grants from the European
Union. They focus rather on national or regional subsidies. Only half
of all agricultural entrepreneurs in the Czech Republic use European
subsidies. This article focuses on the introduction of the Common
Agricultural Policy to the Czech Republic and its subsequent
influence on Czech agriculture. It is demonstrated through the
implementation rate of the CAP in the EU Member States and
a closer focus on Czech integration.
Abstract: This paper presents a part of the project solving which
is dedicated to the identification of the hazardous waste with the most
critical production within the Czech Republic with the aim to study
and find the optimal composition of the cement matrix that will
ensure maximum content disposal of chosen hazardous waste. In the
first stage of project solving – which represents this paper – a specific
hazardous waste was chosen, its properties were identified and
suitable solidification agents were chosen. Consequently
solidification formulas and testing methodology was proposed.
Abstract: The paper deals with possibilities of interpretation of
iron ore reducibility tests. It presents a mathematical model
developed at Centre ENET, VŠB – Technical University of Ostrava,
Czech Republic for an evaluation of metallurgical material of blast
furnace feedstock such as iron ore, sinter or pellets. According to the
data from the test, the model predicts its usage in blast furnace
technology and its effects on production parameters of shaft
aggregate. At the beginning, the paper sums up the general concept
and experience in mathematical modelling of iron ore reduction. It
presents basic equation for the calculation and the main parts of the
developed model. In the experimental part, there is an example of
usage of the mathematical model. The paper describes the usage of
data for some predictive calculation. There are presented material,
method of carried test of iron ore reducibility. Then there are
graphically interpreted effects of used material on carbon
consumption, rate of direct reduction and the whole reduction
process.
Abstract: The main goal of this article is to describe the online
flood monitoring and prediction system Floreon+ primarily developed
for the Moravian-Silesian region in the Czech Republic and the basic
process it uses for running automatic rainfall-runoff and
hydrodynamic simulations along with their calibration and
uncertainty modeling. It takes a long time to execute such process
sequentially, which is not acceptable in the online scenario, so the use
of a high performance computing environment is proposed for all
parts of the process to shorten their duration. Finally, a case study on
the Ostravice River catchment is presented that shows actual
durations and their gain from the parallel implementation.
Abstract: The paper deals with behaviour of the segment 50+ in
the financial market in the Czech Republic. This segment could be
said as the strong market power and it can be a crucial business
potential for financial business units. The main defined objective of
this paper is analysis of the customers´ behaviour of the segment 50-
60 years in the financial market in the Czech Republic and proposal
making of the suitable marketing approach to satisfy their demands in
the area of product, price, distribution and marketing communication
policy. This paper is based on data from one part of primary
marketing research. Paper determinates the basic problem areas as
well as definition of financial services marketing, defining the
primary research problem, hypothesis and primary research
methodology. Finally suitable marketing approach to selected sub
segment at age of 50-60 years is proposed according to marketing
research findings.
Abstract: The decision-making process is theoretically clearly
defined. Generally, it includes the problem identification and
analysis, data gathering, goals and criteria setting, alternatives
development and optimal alternative choice and its implementation.
In practice however, various modifications of the theoretical
decision-making process can occur. The managers can consider some
of the phases to be too complicated or unfeasible and thus they do not
carry them out and conversely some of the steps can be
overestimated.
The aim of the paper is to reveal and characterize the perception of
the individual phases of decision-making process by the managers.
The research is concerned with managers in the military environment
– commanders. Quantitative survey is focused cross-sectionally in the
individual levels of management of the Ministry of Defence of the
Czech Republic. On the total number of 135 respondents the analysis
focuses on which of the decision-making process phases are
problematic or not carried out in practice and which are again
perceived to be the easiest. Then it is examined the reasons of the
findings.
Abstract: The paper deals with the diagnostics of steel roof
structure of the winter sports halls built in 1970 year. The necessity
of the diagnostics has been given by the requirement to the evaluation
design of this structure, which has been caused by the new situation
in the field of the loadings given by the validity of the European
Standards in the Czech Republic from 2010 year. Due to these
changes in the normative rules, in practice existing structures are
gradually subjected to the evaluation design and depending on its
results to the strengthening or reconstruction, respectively. Steel roof
is composed of plane truss main girders, purlins and bracings and the
roof structure is supported by two arch main girders with the span of
L = 84 m. The in situ diagnostics of the roof structure was oriented to
the following parts: (i) determination and evaluation of the actual
material properties of used steel and (ii) verification of the actual
dimensions of the structural members. For the solution the nondestructive
methods have been used for in situ measurement. For the
indicative determination of steel strengths the modified method based
on the determination of Rockwell’s hardness has been used. For the
verification of the member’s dimensions (thickness of hollow
sections) the ultrasound method has been used. This paper presents
the results obtained using these testing methods and their evaluation,
from the viewpoint of the usage for the subsequent static assessment
and design evaluation of the existing structure. For the comparison,
the examples of the similar evaluations realized for steel structures of
the stadiums in Olomouc and Jihlava cities are briefly illustrated, too.
Abstract: There are pending discussions over the mapping of
country export potential in order to refocus export strategy of firms
and its evidence-based promotion by the Export Credit Agencies
(ECAs) and other permitted vehicles of governments.
In this paper we develop our version of an applied model that
offers “stepwise” elimination of unattractive markets. We modify and
calibrate the model for the particular features of the Czech Republic
and specific pilot cases where we apply an individual approach to
each sector.
Abstract: The goal of this article is the analysis of knowledge
transfer at the regional level of the Czech Republic. We show how
goals of enterprises´ innovative activities are related to the rate of
cooperation with different actors within regional innovative systems
as well as in other world regions. The results show that the most
important partners of enterprises are their suppliers and clients in
most Czech regions. The cooperation rate of enterprises correlates
significantly mainly with enterprises´ efforts to enter new markets
and reduce labour costs per unit output. The meaning of this
cooperation decreases with the increase of partner’s distance.
Regarding the type of a cooperating partner, cooperation within an
enterprise had to do with the increase of market share and decrease of
labour costs. On the other hand, cooperation with clients had to do
with efforts to replace outdated products or processes or enter new
markets. We can pay less attention to the cooperation with
government authorities and organizations. The reasons for
marginalization of this cooperation should be submitted to further
detailed investigation.
Abstract: The use of IT equipment has become a part of every
day. However, each device that is part of cyberspace should be
secured against unauthorized use. It is very important to know the
basics of these security devices, but also the basics of safe conduct
their owners. This information should be part of every curriculum
computer science education in primary and secondary schools.
Therefore, the work focuses on the education of pupils in primary and
secondary schools on the Internet. Analysis of the current state
describes approaches to the education of pupils in security issues on
the Internet. The paper presents a questionnaire-based survey which
was carried out in the Czech Republic, whose task was to ascertain
the level of opinion pupils in primary and secondary schools on the
issue of communication in social networks. The research showed that
awareness of socio-pathological phenomena on the Internet
environment is very low. Based on the results it was proposed
appropriate ways of teaching to this issue and its inclusion a proposal
of curriculum for primary and secondary schools.
Abstract: The paper is focused on the methods to solutions of
the crisis situation in the Czech Republic associated with the mass
methanol poisoning. The emphasis is put on tasks of individual state
bodies and of Integrated Rescue System during the handling of the
crisis.
The theoretical part describes poisonings, ways of intoxication,
types of intoxicants and cases of mass poisoning by dangerous
substances in the world.
The practical part describes the development, causes and solutions
of extraordinary event, mass methanol poisoning in the Czech
Republic. The main emphasis was put on the crisis management of
the Czech Republic in solving this situation.
Abstract: This entry concerned with dense silica bricks
microstructure was produced as a part of a project within the
Technology Agency of the Czech Republic which is being
implemented in cooperation of the biggest producer of refractories
the P-D Refractories CZ company with the research organisation
Brno University of Technology. The paper is focused on the
influence of mixture homogenisation and the influence of grain size
of the mineraliser on the resulting utility properties of the material as
well as its microstructure. It has a decisive influence on the durability
of the material in a building structure. This paper is a continuation of
a previously published study dealing with the suitability of various
types of mineralising agents in terms of density, strength and mineral
composition of silica brick.
The entry describes the influence of the method of mixture
homogenisation and the influence of granulometry of the applied Femineralising
agent on the resulting silica microstructure. Porosity,
density, phase composition and microstructure of the experimentally
prepared silica bricks samples were examined and the results were
discussed in context with the technology of homogenisation and
firing temperature used. The properties of silica bricks samples were
compared to the sample without any Fe-mineraliser.
Abstract: The aim of this paper is to analyze the ability to
identify and acquire knowledge from external sources at the regional
level in the Czech Republic. The results show that the most important
sources of knowledge for innovative activities are sources within the
businesses themselves, followed by customers and suppliers.
Furthermore, the analysis of relationships between the objective of
the innovative activity and the ability to identify and acquire
knowledge implies that knowledge obtained from (1) customers aims
at replacing outdated products and increasing product quality; (2)
suppliers aims at increasing capacity and flexibility of production;
and (3) competing businesses aims at growing market share and
increasing the flexibility of production and services. Regions should
therefore direct their support especially into development and
strengthening of networks within the value chain.