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Business and cultural customs - Dubai
Heisigová, Adriána ; Gullová, Soňa (advisor) ; Müllerová, Františka (referee)
The aim of this bachelor thesis is to define business and cultural customs of Dubai. Through the use of an interview and my own observation it was possible to either confirm or disconfirm generally known facts and create a source of basic information about Dubai, which is applicable to tourists, as well as to potential business partners from abroad. The first chapter is focused on brief history, natural and geographical conditions, it describes the political situation and analyses the economic environment. In the second chapter I mainly provide information on the cultural customs, that means information on the religion, population, but also language or clothing habits. In this part I also consider phenomenons, which are specific for Dubai, such as the artificially created islands. In the last chapter I wanted to point out business negotiations, business relations between Dubai and the Czech Republic and the description of the last year's crisis in Dubai. I also provide a guideline for setting up a business in Dubai and how to avoid possible business risks and dangers.
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Comparison of selected monetary tools of the European central bank and the Federal reserve system
Bartošková, Karolína ; Ševčíková, Michaela (advisor) ; Pfeifer, Lukáš (referee)
The aim of the thesis is to evaluate the use of ordinary and uncommon monetary instruments used by Federal reserve system and European central bank, in focuse reaction of both institutions after the beginning of the financial crisis in 2007. In the introductory part are defined both central banks, described basic principles of monetry policy and and independence of these banks. In the practical part there are analyzed major programs used by central banks and outlined the impact of their action. List of emergency measurement cointains definitiv of costs incurred in the provision of financial assistance. In conclusion, I confirmed that quantitative easing was financed by additional resources created and that the steps of the European Central Bank and the Federal Reserve system have the same character of direct debt financing.
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Flexible forms of working hours
Kuncová, Gabriela ; Procházková, Eva (advisor) ; Štefko, Martin (referee)
66 Abstract - Flexible forms of working hours This diploma thesis deals with the flexible forms of working hours and its goal is to describe this issue in intelligible and comprehensive way. It is being very interesting and current theme which is to a great extent not subject to direct legal regulations and provides its contracting parties with a big amount of freedom of contract. This fact assists in bigger flexibilization of labour market and represents a significant instrument in the fight against unemployment and economic crisis. This thesis is composed of six chapters. Chapter One introduces the term flexible forms of working hours and briefly describes the content of following chapters. Chapter Two delimits the area of labour law in relation to other branches of law and describes law principles relating to labour law. The following Chapter Three deals with legal regulations of working hours, its length, ways of allotment and international legal regulations. Chapter Four represents an introduction to the flexible forms of working hours. The basic methods of division of flexibility in the relation to the labour market are mentioned here as well as flexible forms of work are divided on the basis of typology which is used in this diploma thesis. This chapter is followed by Chapter Five, which is the most...
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Financial support of export in the Czech republic and Italy
Šoltésová, Katarína ; Půlpánová, Stanislava (advisor) ; Zetek, Pavel (referee)
The state financial support of export is a part of the general economic policy of many countries. The thesis describes and compares systems of state financial support of export which are provided in the Czech republic and Italy, presented by specialized institutions (Česká exportní banka, Exportní garanční a pojišťovací společnost, Societa Italiana per le Imprese all' Estero, Istituto per i Servizi Assicurativi del Commercio Estero) and export strategies of both countries. Different aspects of comparison are the campaign and accessability of information, the institutional comparison and the pro-export strategies one. It is important to have well-structured and institutionally secured system of the state export support. The global crisis was an impulse for both countries to provide even more effective help to their international trade entrepreneurs.
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The Economic Importance of Splitting the European Monetary Union
Peľak, Branislav ; Žamberský, Pavel (advisor) ; Neumann, Pavel (referee)
From recent research on optimum currency areas it is clear that the European Monetary Union does not represent an optimum currency area. Since 2008 the countries of southern part of the eurozone have found themselves in a financial, economic and debt crisis. Therefore a question about the economic importance of splitting the European Monetary Union arises. The aim of this thesis is to give answer to the question of how to divide the eurozone so that the newly formed monetary unions could be considered optimum currency unions, alternatively, so that the newly formed monetary unions are more optimal than currently the eurozone is. Using the method of analysis and synthesis we have reached a decision to divide the eurozone into two parts. One part comprising the southern countries -- Portugal, Spain, Italy, Greece, Malta and Cyprus and the other part comprising the rest of the eurozone.
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Risk Analysis, Prevention And Following Crise Measures During A Possible SARS Desease Importation
TOUSECKÝ, Peter
The topic of my bachelor thesis is {\clqq} The Risk Analysis, Prevention and Subsequent Crisis Precaution within Possible SARS Spreading.`` Nowadays SARS {--}Severe Acute Respiratory Syndrome belongs to the possible threat to the population and starting with 12 th March 2003 the term SARS was defined as a risk phenomenon by the World Health Organization (WHO). As a matter of fact, SARS at the time of its beginning and spreading all over the world, didn´t occur in the Czech Republic and has been forgotten. More than ever it is necessary to remind the principal aspect of SARS origin and its potential impact on the inhabitants of the Czech Republic and its neighbouring countries in the case of SARS reccurence in the world. Educational training in a form of the anonymous questionnaire consisting of 80 respondents as well as information processing are the parts of my bachelor thesis. To the topic mentioned above I was motivated, at the time of SARS pandemic in the world, by the work in the Security Corps whose aim was monitoring and eliminating refugees inflow toEurope from the region of developing countries. Research data unambiguously prove that the developing countries were the area of SARS origin and occurence. Especially in 2003 in the land register of Strání Květná, district Uherské Hradiště, national border with Slovakia,the inflow more than 1000 refugees was recognized. But the estimates in this region start from the number of 5000 refugees who used this area of national border of the Czech Republic for illegal transferring to the developed European countries, namely Germany, with the help of passers. At that time the members of Force Corps had to face up to refugees drive although they were not trained and protected from SARS infection. I was interested in the problem of the infection transmission and I concluded that the fear in dealing with refugees in this post was wasted. SARS incubation period was maximum 10 days but the refugees´ transit from the country of origin especially from China to the Czech Republic was examined to the period from 1 to 3 months. The necessity to inform inhabitants of possible SARS transmission to Europe and the Czech Republic afterwords results from the mentioned personal knowledge.
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Economic analysis of selected municipalities
Keclíková, Věra ; Čermák, Jiří (advisor)
In the thesis, I would like to dedicate the issues of city management Sternberg and its solvency, which was the main indicator of its overall economy, which will also focus on the economic crisis and its impact on the economy of the town.
In the introductory part, the distribution and functioning of the local government unit. The main part of the work will focus on the economic analysis of the town, which will be based on data from years 2011 - 2014. In the framework of economic analysis will analyze the most important items in the budget. Another part will specify individually significant receipts and expenditures of the municipal budget (income sources, expenses and any indebtedness of the city). In the final part marginally I focus on the financial outlook for future years.
The topic I chose due to my professional activities. I work as an assistant finance department Šternberk Municipal Authority and the aforementioned problems of daily deal and practical sense.
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Bailouts in banking industry : Curse or salvation?
Šolc, Jan ; Janda, Karel (advisor) ; Hedbávný, Petr (referee)
One of questions discussed in the light of current financial crisis is the problem bailouts in banking industry. This thesis contributes to this dispute by studying the relationship between the probability to be bailed out and the risk appetite of particular commercial bank. The aim of this paper is to analyze this relationship in both, theoretical and empirical way, which is still missing in current literature. We work with two hypotheses in this paper. The first one is that there is a positive relationship between the above mentioned variables while the second one suggests that large commercial banks tend to have higher risk appetite. Our first hypothesis is studied in both ways, while the second one is analyzed only in a theoretical way. In the theoretical part we derive the relationships between considered variables under the general equilibrium framework. In our model we work with an economy with four different agents (namely households, firms, commercial banks and central bank). These derived relationships are then analyzed empirically. We work with a panel data dataset considering the data about 500 commercial banks from 70 countries over the 2005-2008 period. The results of empirical analysis suggest that there is a negative relationship between the probability to be bailed out and the risk...
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The use of copula functions for predictions of market contagion of liquidity risk
Vrábel, Michal ; Vošvrda, Miloslav (referee) ; Teplý, Petr (advisor)
In this diploma thesis we tried to model liquidity risk with the use of copula functions. We presented theoretical background for both areas, theory of copulas and liquidity risk. Empirical work is focusing more on the liquidity in CEE countries and especially in Slovakia and Czech Republic. In this part we created a market liquidity index for Slovak financial market and analyzed affects of liquidity problems during the financial crisis on the overall liquidity in this market. Furthermore, we modelled the possibility of market contagion of liquidity risk in Czech banking sector, based on loan-to-deposit ratios of Komerční banka, Česká spořitelna and GE Money Bank.
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Product range analysis of Decodom company
Gejdoš, Matúš ; Vávra, Oldřich (advisor) ; Kollár, František (referee)
The thesis deals with the Slovak furniture company Decodom s.r.o which manufactures and sells, kitchen, living room, bedroom and sector furniture. The author based his thesis on the marketing mix theory -- the product, its innovation and life cycle. With the help of the analysis of the product range, the thesis examines if the innovations are an adequate part of the strategy to dampen the impact of the economic crisis on the company and it's prosperity. The thesis highlights the importance of innovation in the manufacture and sale of furniture. The bachelor's thesis deals with a certain part of the product range -- planned (pre-made) kitchens from the Decoplan product line.
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