Selected Approaches to the Business Environment Evaluation

Abstract

This paper contains views of managers on the quality of business environment and also reflects the results of the World Bank, which annually assesses the conditions for doing business in different countries, including the Czech Republic. The business environment of the Czech Republic was evaluated based upon the results of the World Bank, which assesses conditions for doing business in various parts of the world. Secondly, views of SME managers on the quality of the business environment were presented. The World Bank’s „Doing Business 2011“ report puts the Czech Republic in the 63rd place (out of 183 examined countries) when it comes to the quality of the business environment. The Czech Republic improved its score in two categories (Property Registration and Ending a Business) compared to the same evaluation conducted in 2010. SME managers evaluated the business environment with SWOT Analysis. „Technical and technological development along with increase in demand for innovated products made by new technologies“ was perceived as the most significant opportunity (82%) while „Competition and rivalry in the industry“ was identified as the most significant threat by almost all respondents (92%) in their 2010 evaluation.

Keywords

• business environment
• external environment
• opportunities and threats
• small and medium-sized enterprises