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The aim of this paper is to identify critical factors that affect the expected profit and cash flow in the implementation of investment projects, also achieve the objectives of investment by applying the most advanced models used to quantify the risks of investing. In the study there has been performed the sensitivity analysis of investment and the Monte Carlo simulation, an evaluation of the results of analyzes and syntheses that have been used to support the investment decisionmaking of the enterprise has been carried out.
During the two decades after the transition the technical and technological development of the Hungarian agriculture was determined by the preparation for the EU accession and the adequacy to the performance and technological requirements of the new farm structure of the post-transition era. After the accession the quality based change of farm equipment was characteristic by modern, high performance units which were suitable to meet the requirements of the environmental sustainability, improving the competitive production of farms. In the small scale private farms the rollout of the old and depreciated tools were slower than the investments. This was unfavorable for the expected decrease of the average age of the farm assets. The research is based on the database of the censuses of the Hungarian Central Statistical Office.
As is known, the investment generates three major effects – capacity, substitution, income. Substitution effect is just currently a dominant factor in the further development of wood processing industry in the Slovak republic (WPI SR). The paper presents the impact of investment on productivity growth, as well as formulation of selected measures for investment and growth in the overall prosperity of the wood processing industry in Slovakia.
The aim of this paper is to present the implementation of cohesion policy in rural areas on the example of Dolnośląskie voivodeship, based on an assessment of the direction and scale of funding for rural areas under two operational programs, the Rural Development Programme for 2007–2013 and the Regional Operational Programme of Lower Silesia Voivodeship 2007–2013. In the present study, expert-based, documentary, and k-means clustering methods were used. Studies indicate that in 2007–2013 the majority of investments from the RDP were related to improving the quality of life of rural residents. The amount of support, both in total and per capita, varied widely. Most municipalities received this support at the lowest level available on the scale of the whole province. Support for investments in rural areas of the ROP of Dolnośląskie voivodeship 2007–2013 was primarily related to the improvement of transport conditions and environmental protection projects.
The aim of the paper is to present the findings about the trend in agricultural investments, property structure, especially long-term assets, of the agricultural enterprises between 2000 and 2005 and about the possibilities of investments financing in agriculture. An unfavourable financial situation of agricultural enterprises prevailing up to 2003 resulted in shortage of the capital resources for the agricultural investments needed for the technical and technological changes that would lead to the competitiveness improvement of the Czech agriculture. The economic results of agricultural sector in 2005 and preliminarily also in 2006 stand for the success in keeping positive trends in final economic indicators of Czech agriculture after the accession to the European Union.
Information on the favourable forecast concerning economic growth for many organizations constitute a stimuli for a more radical investment policy. The article aims at pointing factors which have an impact on the level of innovation in the companies from the wood sector as well as determining the opportunities and chances which are open for those being active on the market.
The paper illustrates the introduction of ecological innovations by a Polish company operating within the rendering industry. The investment resulted not only in the management of large amounts of waste, but also enabled their re-use, thus contributing to environmental protection. However, this is not the only effect of the investments. An improved innovative production process enabled the company to improve its financial situation and, consequently, to gain the position of one of the leaders in the rendering industry in Poland. The methods applied in the research included a descriptive method, a case study method, a personal interview and ratio analysis of financial statements from the examined company. The study used data and materials provided by the company.
Tourism is the world’s largest industry and one of the fastest growing sectors, accounting for over one-third of the value of total worldwide services trade. The importance of tourism in economic terms and Employment to the extent that it can be Driving force for the economy of any country. Investment in fact the use of limited resources such as money, material resources, manpower and natural resources in order to achieve the objectives of a country or an institution. Obviously, if you do not use these resources well, country or institution investors will face losses. In order to avoid such losses should any investment plan carefully studied and evaluated and judged based on criteria pre are strongly recommended. The importance of investment in the process of economic development in most theories of economic development have been emphasized. Due to lack of investment and proper allocation of resources necessary to stimulate economic growth, it is necessary to invest resources in the country's relative advantages of a properly be identified. The study population included 80 faculty members and administrators of agencies in the city. After collecting the questionnaires and statistical analysis showed that investment in the tourism sector with new opportunities And attract significant funding and promotion of a culture of solidarity.
Integrated water resource management is a process oriented towards sustainable development through the shaping, allocation and monitoring of water resources, taking into account social, economic and environmental objectives. The water management policy realized in Poland is based on the idea of sustainable development and requires the use and application of appropriate evaluation tools in the process of socialized decision-making concerning the initiation and realization of investments with an impact on water management. This study discusses methods of assessment of planned investments, such as: cost and benefit analysis, and environmental impact assessment. These are balanced against the method recommended by the World Commission on Dams – A New Framework for Decision- Making, as well as the main guidelines of the Positional Analysis (PA) method based on Ecological Economics. The latter opposes Neoclassical Economics, as well as Environmental and Natural Resources Economics. Integrated water resource management is a philosophy that informs the attitude that considers the balanced shaping of water resources as the most important objective of managerial activities. Those responsible for the decision making are obliged to take into consideration the wider context that accompanies such a process. They search for and invite many stakeholders to participate in the decision-making process, creating or utilizing the platforms for exchanging often opposing opinions that are present in democratic societies. In such activities, multi-criteria assessment may be a useful instrument, taking into consideration the coincidence of many, often equivalent, objectives, and utilizing a multi-element set of selection criteria. This paper emphasizes the functional values of the multi-criteria evaluation model for an investment, which is based on sustainable development objectives.
The issue of investment decision making has been described extensively in the literature. The article uses classical evaluation methods to assess two investment options for the treatment of brewers' grains as waste (resp. byproducts). As indicated by the results of the analysis, the considered production of brewers' grains for energy is more economically preferable than selling it.
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