USING MATHEMATICAL PROGRAMMING TO REDUCE THE INTERRUPTIONS IN THE TECHNOLOGICAL PROCESS TO THE PRODUCTION LINES IN INTERMITTENTLY FLOW
Author(s): Doruleţ Grădinaru,Puiu Grădinaru / Language(s): English
/ Issue: 16/2010
Keywords: flow production lines; balancing flow production lines; heuristic method
In the production function, companies that produce large quantities of a single product are using a site-oriented product (production lines or flow assembly). Understanding the method of location and organization of these lines is essential to achieve a desired output with maximum efficiency
The strategic objectives of the university are in harmony with those of the Romanian higher education. In the analysis of the competitive external environment we used the Porter Structure, and after the evaluation of the five competitive forces we reached the conclusion that some of these are quite strong, representing dangers for Pitesi University (The risk represented by the entrance into the market of some new competitors; the rivalry degree; the “buyers’” power of negotiation), and the other ones are weak (the power of negotiation of the companies providing the materials and services inputs (suppliers); the threat generated by the substitution products), fact that represents great opportunities for Pitesti University
Keywords: VAT; basis of assessment; taxable activities; import; Community Customs Code
This study emphasizes the manner of calculating the VAT tax for the purchases of extra-community goods, as being the action of purchasing goods whose suppliers are located in different states, other than the member states of the EU. The notion of extra-community purchase is not regulated through the Fiscal Code, but it can be used for delimiting the origin of a good, from a community state or from an extra-community state, within an action whose purpose is the same: the purchase/ the acquisition/ the supply of a good
Consumers are becoming more interested in corporate social responsibility, a concept that has also attracted growing attention from companies around the world. CSR has been described as the business role in sustainable development, and an approach to doing business which aims to integrate and balance economic, environmental and social performance, with the goal of continuously improving all three. Consumers have an important role in encouraging businesses to adopt and advance CSR. Many businesses make a sizeable effort to learn about their customers’ preferences and opinions, so they can create products and services that people will want to buy. When consumers care about issues like the environmental performance of a company or labor conditions in foreign factories, corporations take notice
EUROPEAN MARKETING LEGISLATION ON AGRO-FOOD PRODUCTS
Author(s): Mircea Bota / Language(s): English
/ Issue: 16/2010
Keywords: regulation of genetically modified products; agro-business marketing
The EU marketing food products has a special meaning, the rules of the Community agro-food market is a priority for the European Commission aimed at aspects like increasing the quality of agricultural product and ensure their competitiveness in the domestic and foreign market, protecting consumer interests, sustainable agricultural development, protecting the environment. In this article we make an overview of the main European regulations on agricultural and food marketing
STUDY ON MARKETING CONTRIBUTION TO EU INTEGRATION OF AGRO-FOOD ROMANIAN BUSINESSES
Author(s): Mircea Bota / Language(s): English
/ Issue: 16/2010
Keywords: marketing; integration; agricultural products; and market orientation
In the European market, competition has an advantageous role for traders, consumers, and society in general. However, there were few who claimed that hardness developed within the European competition is so strong that it determines you to use a whole arsenal of tactics aimed at achieving competitive advantage, marketing having an important role. In this article we intend to present the contribution of Romanian food companies marketing in the process of European integration
APPROACHES OF PLUSVALUE GENERATED BY INTERNAL AUDIT INTO THE PUBLIC SECTOR ENTITIES FROM ROMANIA
Author(s): Mihai Păunică,Aurelia ŞTEFĂNESCU,Eugeniu Ţurlea / Language(s): English
/ Issue: 16/2010
Keywords: public sector entity; internal audit; plus value; public services
The process of collecting the public resources is a major concern both for the public sector entities and their addressees.
In this respect, this research has as objective to explain and quantify the concept of plus value generated by internal audit into the public sector entities. By fundamental research method we explain the concept of plus value and assess the plus value generated by internal audit in terms of public resources collecting.
The present paper is a component of an exploratory research project focused on discovering new ways to build, organize and consolidate organizational memory for an economic entity by means of the new “Semantic Web” technologies and also encloses some of the results of a previous doctoral research in the field of information technology assistance for the financial audit. The paper is an attempt to synthesize the ways organizational memory and organizational knowledge management may be optimized by means of the new “Semantic Web” philosophy. This paper offers a picture of where the typical organization is, and where it needs to be, in order to become a knowledge-aware organization and leverage the technologies of the “Semantic Web”. As a consequence, a knowledge-centric process was defined, along with a “how-to” roadmap for crafting a company’s way to the Semantic Web
COMPANY PERFORMANCE EVALUATION– GENERAL INFORMATION
Author(s): Mihaela Gâdoiu,Emilia Clipici / Language(s): English
/ Issue: 16/2010
Keywords: financial analysis; interim balances of administration; company performance; aggregation of the rate of returns
The evaluation of the company performance represents an approach that requires careful analysis at the dual profitability – risk level, because, although the shareholders and managers of the company are certainly interested in the profitability of the company, more attention must be paid to the risks to which the company is exposed
THE ROLE OF ENTREPRENEUR IN THE SUCCESS OF A BUSINESS
Author(s): Carmen Gabriela Secară / Language(s): English
/ Issue: 16/2010
Keywords: entrepreneur; expertise; skills; entrepreneurial spirit; business
To start a business involves the application of the rule AIDA: A-attraction, I - interest, D - Desire, A - Action. However, by this present article, I proposed an approach of the qualities and skills of a successful entrepreneur, showing that it is not enough to desire a thing, because one must possess many other qualities. I also pointed out the errors that can destroy a business at a certain time and how they can be avoided
Increasingly concerns on sustainable economic development for every country and worldwide, are related to complex problems facing humanity today, namely: poverty, environmental degradation, uncontrolled expansion of urbanization, employment uncertainty of job, alienation of youth, removing traditional values, inflation, unemployment, monetary crises, economic and geographical ones. Sustainable development is not an end itself, but a mean to foster technical and economic progress through more equitable distribution of its effects on present and future generations. The objective of the sustainable development strategy is the same for all countries in the world, practical problems to be solved are very different from one country to another
The new statutory provisions and recent developments in banking financial services market in Romania gives an increased interest as alternative financing leasing of property and equipment.
The objectives of the Bank in connection with the launch of leasing are:
Imposing leasing operations in the face of investment financing alternatives, medium and long term, in terms of consolidating security funding. Thus, leasing, offering better protection and higher efficiency compared to traditional lending operations.
Customer loyalty by providing rapid and flexible financing solutions
Valuation of an asset, a project or an entire company may be done following different approaches, one of them being the “Discounted Cash Flows”, based on financial mathematics. This method use various expected cash flows and, therefore, different discount rates are considered appropriate regarding the different related risks. This paper emphasizes the differences between calculations of the most used cash flow streams, i.e. Free Cash Flow, Capital Cash Flow and Equity Cash Flow. Regarding the companies' valuation using the discounting-based methods, many authors argue that no matter which expected cash flows is used, they provide the same results for the present value of the company. In this paper, we present the Discounted Capital Cash Flow valuation method, arguing that choice through a greater simplicity of calculations
Author(s): Dragoş STUPARU,Vasile Constantin Tomiţă,Cora-Ionela Dăniasă / Language(s): English
/ Issue: 16/2010
Keywords: cost; risk; risk analysis; probability distribution
A risk analysis involves identifying the most probable threats to an organization (or a project) and analyzing the related vulnerabilities of the organization (project) to these threats. The risk analysis process provides the foundation for the entire recovery planning effort. The probability distributions and correlation are often used in Quantitative Cost Risk Analysis
THE SCIENTIFIC RESEARCH MANAGEMENT WITHIN A HIGHER EDUCATION INSTITUTION
Author(s): Adrian Cojocariu,Cristina Ofelia Stanciu / Language(s): English
/ Issue: 16/2010
Keywords: scientific research; management; information; high education
The higher education system and the scientific research must assure a solid education and lead to the development of fine intellectuals, and the globalization process. Scientific research management within higher education institutions is a challenge that would be optimally solved by using modern solutions offered by the information technologies. A software platform that is based upon a performant database system offers the possibilities to keep a clear evidence of all information related to the individual research activities, and also related to the research projects that the university is involved in.
INTERNATIONAL FINANCIAL CRISIS AND POLICY RESPONSES TO THIS NEW CHALLENGE IN THE EMERGING COUNTRIES
Author(s): Magdalena Radulescu / Language(s): English
/ Issue: 16/2010
Keywords: financial crisis; emerging markets; international financial supports; measures
The rapid spread of the financial crisis from a small number of developed countries to the global economy provides tangible evidence that the international trade and financial system needs to be profoundly reformed. While it is important to introduce structural changes to adapt the international system, this cannot be achieved without significant immediate measures to promote recovery from the current crisis: protectionist trade policies must be unwound, better coordination of additional fiscal stimulus, restoration of credit flows to productive sectors, regulatory reforms, international financial support. This paper presents the causes of the present crisis, measures needed for the recovery of the emerging markets and the support of the international financial institutions, especially IMF, for the developing countries
SMEs have become increasingly important in our society as providers of employment opportunities and key players for the well-being of local and regional communities. During the last decades, the global business scene and the European one in particular have enhanced international competition affecting both enterprises with an export profile and enterprises focusing on the domestic market. Some of the main drivers for the increasing internationalization of SMEs are rooted in political, technological and economic changes
INTEGRATED MARKETING COMMUNICATION AND ITS ROLE IN INCREASING THE EFFICIENCY OF THE APPROACHES IN COMMUNICATION
Author(s): Olimpia Oancea,Amalia Pandelică / Language(s): English
/ Issue: 16/2010
Keywords: Integrated marketing communication; communication plan; sources of contact; synergy; target audience
For the organization at the beginning of the millennium, communication is an essential part of business marketing. In a relatively short - just a few decades - the specific marketing communication has seen a dramatic evolution. Against the backdrop of social and economic changes in circumstances that were significant changes in the way of thinking, feeling and acting of individuals, organizations intensify their efforts in marketing communication plan, also contributed with other specialists, to improve methods and specific techniques. The purpose of this paper is to highlight the role of integrated marketing communication in terms of communication efficiency approaches taken by the company
The development and modernization of agricultural exploitations is closely related to the expansion, improvement and rational use of the technical-material resources operating within the complex process of obtaining and supplying agricultural products.
Within the competitive market economy, achieving high productivity per hectare and per animal, increasing labor productivity and profitability largely depends on the size, structure, quality and efficient management of the technical-material basis.
Agricultural practice in our country and other countries has shown the close connection between technical equipment and labor productivity in agriculture
WHERE DECISION SUPPORT SYSTEMS AND MACHINE LEARNING TECHNOLOGIES MEET
Author(s): Adrian Cojocariu,Cristina Ofelia Stanciu / Language(s): English
/ Issue: 16/2010
Keywords: decision support systems; Machine Learning; artificial intelligence
The use of computers in any domain is a widely recognized fact and it has been impossible not to ask whether the computers’ capacity to learn wouldn’t increase their utility. The answer would be that as the learning capacity increases, the impact it determines is spectacular. The aim of the intelligent technologies approach in developing decision support systems has been the use of human reasoning to find solutions for complex decision problems, but also to gain extra knowledge within the organization, in order to increase the quality of the management process. The idea that intelligent systems could solve tasks that were until recently considered to be exclusively human has drawn the researchers attention, and the number of applications in the artificial intelligence field has increased and being materialized in new technologies. One of these technologies, determined by the interest in systems that are capable to learn similarly to the human beings is the Machine Learning technology. Machine Learning technologies based systems do not eliminate human intuition, but a collaborative approach between the human being and the machine is preferred, and this would be an important reason to use these technologies for the development of modern decision support systems
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