This paper analyses the relationship between the selected measures of competition and the actual intensity of the interaction in the product market under the presence of market frictions. The first part of the study compares the industry-level price-cost margin and profit elasticity within a...

Úspešnou ekonomikou na svetovom trhu môže byť iba taká trhová ekonomika, ktorá dokáže produkovať také výsledky, ktoré obsahujú maximum informácií, ľudského intelektu stelesneného v jednotlivých produktoch. Na základe tohto poznania osobitná pozornosť je venovaná práve...

Many scientists tried to explain ‘innovation’ but this term has a lot of explanations. Producers implementing innovation processes are having chance to survive in demanding markets. New ideas are deciding on the policies and the rate of development. According to this we can say that being...

Management accounting information system can be perceived in two relatively independent concepts, seen as product costing or responsibility accounting. Product costing purveys detailed information on actual product profitability (with classification according to customer segments or distribution...