The article defines the derivatives and introduces their use. After that it analyses the main types of risks: market-credit-operational and legal risks. Furthermore, it describes the growth of derivates in relation to the connecting markets. Finally, it discusses the impacts of the derivative...

According to our survey among entrepreneurs at SMEs, a preponderant majority of them look optimistically into the future, they forecast for themselves a more speedy growth than the country average. Even so, they are full of complaint. The discontent is a wide-spread condition among the...

Since developing information systems – be it a whole system or only parts of it – has become uneconomical, the majority of enterprises favours acquiring such systems to developing them from own resources. Purchasing and implementing information systems, however, requires a methodology. One...

This paper is intended to contribute to the first topics of the MEB 2006 Conference, titled “Theoretical studies, modelling and adaptive approaches”. The survey presented here is an adaptive approach to management studies offered for college students, from the aspects of their personal...

Corporate managers have to face mostly the same type of decisions, however, the economic content thereof may exhibit severe differences. Decisions in marketing deviate from those of other functional areas of a company in many aspects. Regarding market decisions, demand dominates besides costs,...

This study analyses the internationalisation of small and medium-sized family enterprises from the established EU countries as a reaction following the EU enlargement in 2004 by adding countries located in Central Europe and Eastern Europe. Especially cooperations focussing on foreign markets...

The Finnish Presidency will launch a European Network of Living Labs on November 21, 2006. This is the first step towards a New European Innovation System (EIS). There is an urgent need to improve European-wide aspiration for innovation towards job creation and growth. There is also an urgent...