Predictive bankruptcy models as a tool in evaluating the economic situation of furniture market in Poland
Journal Title: Annals of WULS, Forestry and Wood Technology; Zeszyty naukowe SGGW - Year 2016, Vol 94, Issue
Abstract
The following article presents evaluation of the economic situation of Polish furniture industry with the use of early warning models. The introduction part of the paper covers an overview of predictive models which are a product of both domestic and international scientific research. Next the findings of empirical analyses are presented which were conducted in 90 furniture enterprises at the turn of 2013 and 2014. The research comprised the process of evaluation of the economic situation in a chosen group of companies with the use of early warning models. From the analyses it follows that almost 90% of the researched enterprises do not use predictive models. A positive answer to the question regarding the application of early warning models was only submitted by 4% of the respondents. Among the reasons why companies do not use these tools there are: lack of knowledge about them, no need on the grounds of good financial condition of the company and too great a number of complex calculations
Authors and Affiliations
Emilia Grzegorzewska
Keywords
Related Articles
- EP ID EP356094
- DOI -
- Views 79
- Downloads 0
A study on properties of wood dust created during windows manufacturing
A study on wood waste properties and its creation during windows manufacturing. The paper presents the results of research on the properties of waste chips generated in the manufacturing of windows. It has been found tha...
Influence of feed per tooth on particle size of chips created in particleboard peripheral milling
Influence of feed per tooth on particle size of chips created in particleboard peripheral milling. Presented paper regards comparison analysis of chip size distribution of shavings obtained during peripheral milling of p...
The assumptions an algorithm for image analysis for the assay fronds growth of common duckweed (Lemna minor L.)
The assumptions an algorithm for image analysis for the assay fronds growth of common duckweed (Lemna minor L.). The assumptions of the algorithm aiming to automate and eliminate human error during the process of determi...
Activated carbons from plant materials
Activated carbons from plant materials. The aim of this paper was to obtain a series of active carbons from different plant materials and to determine content of surface oxygen groups. Plant materials to be tested: rapes...
Wood-polymeric materials on the basis of polyolefins - part 4. Investigation of formation conditions of chemical bonds between wood and secondary polyolefin
Wood-polymeric materials on the basis of polyolefins - part 4. Investigation of formation conditions of chemical bonds between wood and secondary polyolefins. The conditions of radical formation in mixtures of wood parti...