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The basis for each successful economy is the performance and competitiveness of its core enterprise entities. Rising competition, which is caused by growing globalization processes, forces enterprises to evaluate their performance not only from the point of view of past financial results, but at the same time to compare their achieved results with competition in the relevant sector. Enterprises are exposed to ever stronger competition from globalization, leading to increased flexibility of all actors in the nation...

Under the current unstable market economy conditions, every business entity must constantly monitor the development of its financial situation, competition, get new customers and offer new products and services. From the point of view of financial managers, it is the continuous monitoring and assessment of the financial situation of the business entity. Given the dynamically changing economic environment, it is essential to monitor enterprise performance analysis not only in terms of the past, but also to focus on...

In today’s globalized world there is a growing importance of regulatory, legislative and institutional frameworks. On the basis of these conditions, the particular national economies may affect the overall competitiveness of the economy not only by production factors but also by creating frameworks that directly affect the production costs and input prices through various taxes, grants or fund contributions. In the context of ensuring the long-term prosperity of each country, the more and more emphasis is placed...