TITLE:
Concatenated Processes in Commercial Business and in Global Economy
AUTHORS:
Gustav Cepciansky, Ladislav Schwartz
KEYWORDS:
Probability; Goods; Agents; Clients; Pyramidal Structure
JOURNAL NAME:
iBusiness,
Vol.4 No.4,
December
24,
2012
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.