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STRATEGIC RISK MANAGEMENT OF AN ENTERPRISE DEPENDING ON EXTERNAL CONDITIONS

Jakub Chlopecký

First published: 2018-06-20https://doi.org/10.5593/sgem2018/1.3/s03.109View metrics

Abstract

The strategic management of the mining companies involved in the extraction and processing of energy raw materials still lacked a strategic tool to help determine the patterns of extraction of energy resources in the development of the external environment or external conditions. In this article, the authors sought to find a possible econometric model of black coal. Research is based on data available from the macroeconomics and mining of the selected mineral, which are analyzed using the multidimensional regression analysis developed by the RKWard software. The resulting econometric model includes research into the determination of dependencies between black coal mining and external conditions that are thought to be macroeconomic aggregates. This research is described in the article "Managerial View of the Dependence of Selected Materials on External Conditions". The correct determination of the econometric model of mining volume appears to be an interesting competitive advantage. The results of the extraction of hard coal, selected repaired minerals, led to further research, e.g. in econometric modeling and prediction of extraction of raw materials, which the authors are still concerned with.

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Publication details

Title
STRATEGIC RISK MANAGEMENT OF AN ENTERPRISE DEPENDING ON EXTERNAL CONDITIONS
Authors
Jakub Chlopecký
Proceedings
SGEM International Multidisciplinary Scientific GeoConference EXPO Proceedings; 18th International Multidisciplinary Scientific GeoConference SGEM2018, Science and Technologies in Geology, Exploration and Mining
Publisher
STEF92 Technology
Year
2018
Pages
855-862
SWS Citekey
Chlopecky20183855862
ISSN
1314-2704
ISBN
978-619-7408-37-9
Language
en
Publication type
Conference Paper
Proceedings contents
Open official contents
Keywords
extractiondependenceeconometric modelexternal conditions.
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Number of times cited according to Crossref: 5

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