Concatenated Processes in Commercial Business and in Global Economy

Abstract

The paper deals with an application of theory stochastic processes on business practices and with consequences which the concatenated economic co-operation may have on the future economic growth. The aim of the paper is also to draw attention how the theory which is apparently applicable for solution of scientific problems can also be utilised in practical commercial and economic use. First, the necessary theoretical background will have been done and then some application examples will be given.

Share and Cite:

G. Cepciansky and L. Schwartz, "Concatenated Processes in Commercial Business and in Global Economy," iBusiness, Vol. 4 No. 4, 2012, pp. 293-299. doi: 10.4236/ib.2012.44037.

Conflicts of Interest

The authors declare no conflicts of interest.

References

[1] G. U. Yule, “Introduction to the Theory of Statistics,” Griffin, London, 1911. doi:10.1037/13786-000
[2] B. R. Levin, “Theory of Stochastic Processes and Its Applications in Radio Communication,” SNTL, Prague, 1965.
[3] A. A. Svesnikov, et al., “Set of Tasks from Theory of Probability, Mathematical Statistics and Theory of Random Functions,” SNTL, Prague, 1971.
[4] J. Likes and J. Machek, “Theory of Probability,” SNTL, Prague, 1981.
[5] J. Skrasek and Z. Tichy, “Basics of Applied Mathematics I, II, III,” SNTL, Prague, 1990.
[6] G. Cepciansky and L. Schwartz, “Theoretical and Practical Notes on Vending Strategies,” iBusiness, Vol. 3, No. 2, 2011, pp. 1-4.

Copyright © 2021 by authors and Scientific Research Publishing Inc.

Creative Commons License

This work and the related PDF file are licensed under a Creative Commons Attribution 4.0 International License.