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Title Optimal Turnover Of Companies In Road Freight Transport As A Tool Of Efficiency And Competitive Advantage
ID_Doc 68300
Authors Honková, I
Title Optimal Turnover Of Companies In Road Freight Transport As A Tool Of Efficiency And Competitive Advantage
Year 2022
Published Polish Journal Of Management Studies, 26, 1
Abstract The transport sector plays a significant role in ensuring the competitiveness and sustainable economic growth in Europe. There are a number of studies dealing with competitiveness in transport. Most of them are based on the total set of transport. These method combine both qualitative and quantitative aspects. The result is quality criteria that optimize consumer and economic parametres to increase company's competitiveness. This paper examines the relationship between turnover and efficiency related to competitiveness by focusing on Czech companies in road freight transport. Many firms face financial problems. The aim of the paper is to determine whether turnover affects companies' efficiency and what level of turnover related to competitiveness achieves the maximum efficiency. Efficiency is measured by synthetic indicator IN05. The relationship between turnover and efficiency is tested by Chi-square test of independence, and the Kruskal-Wallis test measures any differences between the different groups in enterprise turnovers. This knowledge should help set the optimal turnover for businesses to achieve a competitive advantage. Research of a sample of 2,536 companies confirmed that the turnover of the company influences its financial results. The results of the calculations show that the best efficiency was achieved by companies with an annual turnover of _194 - _388 thousand.
PDF https://doi.org/10.17512/pjms.2022.26.1.05
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