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Open access

František Božek, Jiří Dvořák, Aleš Komár, Alexandr Božek and Michael Dawson

Methodology of the Integrated Regional Risk Assessment and Its Verification in Practice

Index method enabling the complex risk assessment of region is described in the paper. The method is based on comparing critical indicators with acquired data. The data are then transformed into non-dimensional integrated indexes. Different risk spheres can be compared in this way. The method was applied for the health, environmental and technological risk assessments of the region.

Open access

Jiri Dvorak and Ilona Razova

Abstract

This article investigates the applicability of blue ocean strategy in regard to low-cost airlines in the civil airline industry. To do so, the commercial offers of selected airlines were compared to validate any attempts to apply the blue ocean strategy concept. This is followed by examining the time limitation of the concept in a competitive environment and is illustrated by the changes in the industry for the past 30 years and a comparison of offers from similar companies. The third issue is the evaluation of the further contribution of blue ocean strategy when it is recognized as time-limited. The importance of first-mover advantage, which could be based on the ability to capture an economy of scale and advantageously shape the market, is also discussed.