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PRODUCTION MANAGEMENT AND MARKET CONSTRAINTS

Author(s): Constantin Drăghici,Elena Daniela Popescu / Language(s): English Issue: 16/2010

The present paper deals with optimization of production depending on input resources under market constraints. Production efficiency refers to increasing the output with a minimum input. The objectives of management are: reducing costs of outputs simultaneously with reducing prices of market goods. This is a big challenge for each firm, in order to ensure quality with reducing costs per unit when the market "imposes" the price. Reducing the cost per unit depends on the optimal combination of resources: labor and capital. The paper presents a relation between market price evolution as a constraint and mixing of resources as a management priority

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THE PARTICIPATION OF BUSINESS ENVIRONMENT IN THE COMMUNITY SUSTAINABLE DEVELOPMENT

Author(s): Gheorghe Crişan / Language(s): English Issue: 16/2010

Achieving social and economic cohesion of local communities and the functioning of public-private partnerships are the best solutions for specific problems of sustainable development (Crisan, 2007). Development based on social cohesion and partnership raises, however, enough problems - besides the fact that it has a simple and enforceable legislation - it hits a certain resistance to change from the government (one that should be even initiator and promoter of such approaches). Moreover, satisfaction of general public interest - as a key objective of government and as a measure of development - should be done in terms of increased efficiency of all categories of resources available or taken, including the private sector. This paper examines some of the specific issues and limitation of this initiative of involving the private capital in sustaining the durable development

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CAPTURING ENVIRONMENTAL COSTS BY USING ACTIVITY BASED COSTING METHOD

Author(s): Aura Emanuela Domil,Cristian Elian Pereş,Ion Peres / Language(s): English Issue: 16/2010

The value of Environmental Management Accounting in establishing a culture of pollution prevention and waste minimization within industry is clear. However, the success of government and corporate programmes to promote EMA depends on developing EMA systems that are cost-effective for industry. Decades ago environmental costs were very low, so it seemed wise to include them in the overhead account for simplicity and convenience. Recently there has been a steep rise in all environmental costs, including energy and water prices as well as liabilities

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THE IMPLICATIONS OF ECONOMIC AND FINANCIAL CRISIS ON GLOBAL ECONOMY

Author(s): Violeta Gianina Dragotă,Nicoleta Buzilă / Language(s): English Issue: 16/2010

The global financial and economic crisis has hit all the countries of the world, they have had strong growth and poverty reduction over the past years. However, though the most acute phase of the global financial and economic crisis has passed, recovery remains fragile. Persistent risks to economic health include high unemployment and low growth in developed countries and scarce international financing for developing countries. The poorest countries continue to need assistance to move beyond the crisis. These countries can play a key role in helping to boost demand to support global recovery, but they will need access to financing for years to come

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THE USE OF THE CMS APPLICATIONS IN THE ELECTRONIC COMMERCE

Author(s): Lucian Luca / Language(s): English Issue: 16/2010

This paper aims to inform the web users and the companies on the aspects that should be taken into account when starting an online business of e-business type. Although at first sight, it seems easy to make a website accessible to anyone who wants to buy, rent or bid for a particular product or service, creating a website is a difficult thing to achieve and maintain. Firstly, a market analyses should be carried on to see if you can survive on the market for a long term. Then the costs of creating and maintaining a website must be also considered. The CMS applications can be very useful, yet only to experienced users

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CORRELATION BETWEEN AN ENTERPRISE’S FINANCIAL PERFORMANCE AND ITS POLITICS OF SOCIAL RESPONSIBILITY

Author(s): Monica Pătruţescu,Roxana Ispas,Dalia Simion / Language(s): English Issue: 16/2010

Social corporative responsibility is considered as being the assumed obligation of a company, beyond legal obligations or those imposed by economic restrictions, of following the objectives on a long term that are nevertheless for the society’s advantage; as a consequence to this, the company is being considered responsible not only in front of the shareholders (owners) but in front of all the participants of the enterprise (stakeholders): customers, suppliers, employees, creditors, governmental organizations, local communities, public opinion, groups if interests

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HIGHER EDUCATION SERVICES. STUDY REGARDING THE OPTIONS OF XII GRADERS

Author(s): Mihaela Dogan,Raoul Sabin Gordean / Language(s): English Issue: 16/2010

The paper contains a study conducted in 2009 in several high schools in Timisoara and Timis County regarding the options of XII graders, concerning higher education. This case study was based on a survey conducted in these schools, and interpretation of the respondents answers

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THE AGENCIES OF THE EUROPEAN UNION

Author(s): Constanţa Enea,Gabriela Buşăn / Language(s): English Issue: 16/2010

A number of specialized and decentralized European Union agencies have been established to support the European Union Member States and their citizens. These agencies are an answer to a desire for geographical devolution and the need to cope with new tasks of a legal, technical and/or scientific nature. The European Union’s agencies are grouped into four different categories: Community agencies, Common foreign and security policy agencies, Police and judicial cooperation in criminal matters agencies and Executive agencies

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COMPARATIVE STUDY OF AGRICULTURAL EXPLOITATIONS IN THE EU AND IN ROMANIA

Author(s): Simona Cristina Costea / Language(s): English Issue: 16/2010

Agriculture is an important strategic sector in the European Union, providing food security and balance within the market. Organizational structures in communitarian agriculture have formed over a long period of time, in specific circumstances for each country and by means of guiding measures promoted by the Common Agricultural Policy (CAP) supporting the modernization of agricultural exploitations. The main goal of Romanian agriculture is to reduce the production and economic gap that separates us from developed countries

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THE EXTENSION OF OCCUPATIONAL MOBILITY AND THE COMPETENCE DEVELOPMENT

Author(s): Alina Hagiu / Language(s): English Issue: 16/2010

European labor market offers many opportunities for workers, but to benefit from it, they must be mobile between different jobs, as well as between regions and states. The deployment of a viable economical activity supposes the performance capitalization of competence, experience and knowledge. The career is centering on accumulated experience in different jobs and occupations and not on the evolution in inter organizational/hierarchy structure. Appreciating the seniority as a competence generator source offers perspectives to be capitalized among competences formal confirmed in the preparation level

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IMPORTANCE OF INFORMATION SYSTEM OF COSTS ON DECISION MAKING AN ENTERPRISE

Author(s): Corina Miculescu / Language(s): English Issue: 16/2010

Evolution of Romanian companies in recent years clearly indicates that more work should be oriented management client to change. In the context of economic globalization, and thus the development of competitive environment, the management process is revealed to be particularly complex at all levels. Therefore, to ensure the conduct of business enterprises in terms of competitiveness and profitability should be carrying out organizational actions able to enable the best use of modern management methods and techniques, which can be done but only under an informational support appropriate and first, the information about costs

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THE IMPORTANCE OF NON-VERBAL COMMUNICATION IN BUSINESS

Author(s): Adela-Suzana Colţa / Language(s): English Issue: 16/2010

Non-verbal communication consists of all the messages other than words that are used in communication. In oral communication, these symbolic messages are transferred by means of intonation, tone of voice, vocally produced noises, body posture, body gestures, facial expressions or pauses. Almost 90% of our communication contains non-verbal elements

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STRATEGY OF CREDIT RISK MANAGEMENT IN INTERNATIONAL BUSINESSES

Author(s): Mihaela Loredana Lapadusi,Constantin Căruntu / Language(s): English Issue: 16/2010

Risk is an essential part of the activity of any organization and is endemic in all trade forms or trading activity. This is an inevitable factor in the competing, growing, trading and investing activity in a market economy. The main problem with the risk is whether it can be adequately identified, measured and managed. Risk has many forms - of which credit risk is just one – and cannot be started by most of the predictable threats or dangers than an organization faces, but rather by the failure to maximize the opportunity or possibility to get the results, it is actually something that can prevent an organization from achieving its strategic objectives. It is therefore extremely important that any risk which is not adequate for increasing the activity’s economic efficiency or which cannot support the achievement of its reasonable strategic objectives, reduced to the minimum in order to increase profitability and financial stability in a company

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EMOTIONAL INTELLIGENCE AND LEADERSHIP

Author(s): Sorin Suciu,Vasile Gherheş,Dalia Petcu / Language(s): English Issue: 16/2010

Emotional intelligence is a relatively new topic in the field of leadership concerns. Developed by psychologists in the 80s, it was later connected with management and leadership disciplines when research revealed how much influences the act of leadership and decision the possession or lack of emotional skills. Our article aims to reveal the overwhelming economic potential of these human qualities unjustly ignored, while providing a synopsis of emotional competencies whose presence in the leadership is one of the most important resources of a company

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IMPLEMENTING ECO-LABEL SCHEME TO PRODUCTS, SERVICES IN ROMANIA

Author(s): Alina Caluseru,Nicolae Marinel Horablaga,Adina Horablaga / Language(s): English Issue: 16/2010

This paper presents the types of products and services in Romania that need the Eco-label, an EU requirement. Eco procedure appeared in 2002 and it is a marketing tool and sustainable development. The aim is to promote eco-label products, services whose environmental impact is reduced, having a voluntary purpose. Product categories that have the eco-label are: refrigerators, washing machines and household utensils, notebooks, soil improvers and growing media, detergents for dishwashers, footwear, textiles group, paint and varnish , mattresses, electric lamps, paper art, paper copiers, TVs, cleaners and cleaners for toilets, vacuum cleaners, floor rigid material, absorbent paper products, lubricants, tourist accommodation, camping services

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OPEN-SOURCE TOOLS FOR DEVELOPMENT OF INTERNET-BASED DATABASE APPLICATIONS

Author(s): Marinela Lazarica / Language(s): English Issue: 16/2010

Open source options for software development offer ways to get software projects done during the current brutal economic climate by providing community-based resources and saving users from paying licensing fees. Open-source applications are gaining more approval in enterprises, particularly in the areas of operating systems, infrastructure applications and development tools. In this paper, I demonstrate how it can developed a web database application with the triad of PHP, MySQL, the Apache web server and ScriptCase, a complete PHP code generator. This software project is proposed for Ministry of Agriculture, Forests and Rural Development (Romania) and it manages the informations of ecological products

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MANAGEMENT FUNCTIONS AND PERFORMANCE MANAGEMENT

Author(s): Maria Enescu,Marian Enescu / Language(s): English Issue: 16/2010

This article is mentioned methods and management techniques and methodology with technical meeting in the act of driving, how the driver turns information into action, with decisions by bringing resources to requirements and seeking to obtain maximum results, classified by many criteria (how to apply, the field of use, objective nature thereof). It is an analysis of managers' performance after the five functions of management

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SOLVENCY II: METHODOLOGICAL ASPECTS OF USING VALUE-AT-RISK FOR INSURANCE

Author(s): Casian Butaci / Language(s): English Issue: 16/2010

Built on a three-pillar structure, the new European System of Insurance solvency “Solvency II” aims to ensure that insurance companies measure and manage better the risks they are expose. The consultation on the first pillar, on the quantitative requirements, largely refers to two well-known measures of risks: Value-at-Risk and Tail Value-at-Risk. The measuring of an insurance risk using the VaR technique claims certain adjustments. In this piece of work, we will present the context of VaR insurance application

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THE IMPACT OF THE EUROPEAN INTEGRATION PROCESS ON THE BANKING SYSTEMS OF THE COUNTRIES OF CENTRAL AND EASTERN EUROPE

Author(s): Costin Daniel Avram,Marioara Avram,Veronel Avram / Language(s): English Issue: 16/2010

The economic integration process begun in Western Europe after the Second World War has led to the harmonization and compatibility of national banking systems to meet the competition exercised by American and Japanese banks. The historical moment of the "Iron Curtain" collapse resulted in the conclusion of the "Cold War" and the confrontation between the two systems, opened the door to collaboration, integration and in the end of the enlarged EU. The central European countries made good progress towards European integration, long before May 1, 2004, when the largest wave of accessions to the European Union (10 countries) was recorded, and January 1, 2007 when Romania and Bulgaria joined. The evolution of the whole European banking system can not be detached from the general economic situation of countries facing failures at both the microeconomic and macroeconomic levels

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THE CRISIS COST AS A PRODUCTION FACTOR

Author(s): Marina Luminiţa Sârbovan / Language(s): English Issue: 16/2010

The social costs and their efficiency were brought into a frame analysis for the distinction between the private and social (public) marginal products and costs, along the evolution of the scientific debates. While the neoclassic vision recommended taxation, as a valuable tool against expanding the negative externalities, the contemporary approaches are grounded on the complex process of internalizing the externalities, for the economic essence of the total social expenses relays in their action as production factors. Applying this resourceful theory to the context of the world crisis, the European Union uses funding tools to influence the favorable ongoing recovery of its economic meta-system

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