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Stock management as a critical success factor for Polish crop prodcers

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Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
The key objective of critical success factors is to filter out excessive information reaching organizations so that management can focus on several most critical areas. Both scholars and practitioners employ most frequently expert interviews as to identify critical success factors. The aim of this study is to show how quantitative methods can contribute to a more efficient critical success factors identification. This study uses a sample of observations relating to 300 Polish crop producers in a 5-years period between 2013 to 2017. The findings of this study show clearly that the lower the inventory levels the higher the profitability and the growth of sales revenues of Polish crop producers.
Rocznik
Strony
237--245
Opis fizyczny
Bibliogr. 26 poz., tab.
Twórcy
autor
  • Faculty of Management, Warsaw University of Technology
Bibliografia
  • [1] Aquilani B., Silvestri C., Ruggieri A., Gatti C. (2017) A systematic literature review on total quality management critical success factors and the identification of new avenues of research, The TQM Journal, Vol. 29 Issue: 1, 184-213.
  • [2] Baah-Acquah P., Freeman E. and Ellis E.P. (2017) Effects of capital structure choice on profitability of oil marketing companies in Ghana (OMCs): case studies of Ghana Oil Company limited and total petroleum Ghana limited, International Journal of Multidisciplinary Research and Development, Vol. 4, No. 3, 117-122.
  • [3] Basu R. (2001) New criteria of performance management: A transition from enterprise to collaborative supply chain, Measuring Business Excellence, Vol. 5, Issue: 4, , 7-12.
  • [4] Bititci U.S., Turner T. and Begemann C. (2000), Dynamics of performance measurement systems, “International Journal of Operations & Production Management”, Vol. 20.
  • [5] Blinder A.S. and Maccini L. (1991) Taking stock: a critical assessment of recent research on inventories, Journal of Economic Perspectives, Vol. 5 No. 1, pp. 73-96.
  • [6] Bond, T. (1999) The role of performance measurement in continuous improvement, International Journal of Operations & Production Management, Vol. 19 No. 12, 1318- 1334.
  • [7] Bonett D.G., Wright T.A. (2000) Sample size requirements for Pearson, Kendall, and Spearman correlations, Psychometrika, No. 65, 23–28.
  • [8] Czerwińska-Kayzer D., Bieniasz A. (2012) Pomiar i analiza przyczynowo-skutkowa rentowności kapitału własnego w małym przedsiębiorstwie, Przegląd Organizacji, Nr 3, 25-28.
  • [9] Deloof M. (2003), Does working capital management affects profitability of Belgian firms?, Journal of Business Finance & Accounting, Vol. 30 Nos 3/4, 573-588.
  • [10] Doornik J.A., and Hansen H. (2008) An omnibus test for univariate and multivariate normality, Oxford Bulletin of Economics and Statistics, No. 70, 927–939.
  • [11] Falope O.I. and Ajilore O.T. (2009) Working capital management and corporate profitability: evidence from panel data analysis of selected quoted companies in Nigeria, Research Journal of Business Management, Vol. 3 No. 3, 73-84.
  • [12] Gruenwald R.K. (2015) Measuring growth of the firm: Theoretical considerations. In: Głodowska A., Wach K. (Eds.), International business and global economy („Przedsiębiorczość Międzynarodowa” vol. 1, no. 2. Kraków: Cracow University of Economics, 121-131.
  • [13] Kaplan R. and Norton D. (1996) Using the Balanced Scorecard as a strategic management system, Harvard Business Review, January-February.
  • [14] Lam T.Y., Lee S.K. (2012) Family ownership, board committees and firm performance: evidence from Hong Kong, Corporate Governance: The international journal of business in society, Vol. 12, Issue: 3, 353-366.
  • [15] Pais M.A., Gama P.M. (2015) Working capital management and SMEs profitability: Portuguese evidence, International Journal of Managerial Finance, Vol. 11 Issue: 3, 341-358.
  • [16] Płonka A., Musiał W. (2014) Wahania cen głównych produktów rolnych na rynkach krajowych, Roczniki Naukowe Stowarzyszenia Ekonomistów Rolnictwa i Agrobiznesu, Tom XVI, z.2, 223-228.
  • [17] Rockart, J.F. (1979) Chief executives define their own data needs, Harvard Business Review, Vol. 57 No. 2, 81-92.
  • [18] Royston P. (1992) Approximating the Shapiro–Wilk W-test for non-normality, Statistics and Computing, Vol 2 (3), 117–119.
  • [19] Sirus K.M. and Rahimi Moghaddam M. (2007) Organization critical success factors and competencies, Management Magazine, No. 120.
  • [20] Soosay C. A., Hyland P. (2015) A decade of supply chain collaboration and directions for future research, Supply Chain Management: An International Journal, Vol. 20, Issue: 6, 613-630.
  • [21] Taticchi P., Tonelli F., Cagnazzo L. (2010) Performance measurement and management: a literature review and a research agenda, Measuring Business Excellence, Vol. 14 Issue: 1.
  • [22] Tyagi S., Nauriyal D.K. (2017) Firm level profitability determinants in Indian drugs and pharmaceutical industry, International Journal of Pharmaceutical and Healthcare Marketing, Vol. 11, Issue: 3, 271-290.
  • [23] Wiklund J. and Shepherd D. (2003) Aspiring for, and achieving growth: the moderating role of resources and opportunities, Journal of Management Studies, Vol. 40, No. 8, 1919-1941.
  • [24] Williams B. D. and Tokar T. (2008) A review of inventory management research in major logistics journals: Themes and future directions, The International Journal of Logistics Management, Vol. 19, Issue: 2, 212-232.
  • [25] Yazdanfar D. (2013) Profitability determinants among micro firms: evidence from Swedish data, International Journal of Managerial Finance, Vol. 9, Issue: 2, 151-160.
  • [26] Usman A.M., Raouf A., Ahmad N Sparks, L. (2009) Total quality management in developing countries: A case of pharmaceutical wholesale distribution in Pakistan, International Journal of Pharmaceutical and Healthcare Marketing, Vol. 3 Issue: 4, 363- 380.
Uwagi
Opracowanie rekordu w ramach umowy 509/P-DUN/2018 ze środków MNiSW przeznaczonych na działalność upowszechniającą naukę (2019).
Typ dokumentu
Bibliografia
Identyfikator YADDA
bwmeta1.element.baztech-3532eedd-33f7-464b-bf92-7130c5858908
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