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The capital market is essential to any economy. A well-functioning at the macroeconomic level implies a well-rounded capital market which can allow meeting the partial or total needs of funding the issuers of securities
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Nowadays the modern state fails to keep pace with the current market needs. Moreover, it loses ground when it comes to the regulation of social problems that once were the preserve of its excellence. The winners are the big companies that take advantage of this gap and provide alternative education systems, build schools, equip libraries and laboratories, provide scholarships, organize seminars, etc. Through such activities, viewed as excellent from the public relations perspective, the promoters of these actions strengthen their market position and thus create very good images in the public eye. The recipients also have the winning bids as they integrate quickly and more effectively in the business environment and become aware of the philosophical vision that companies have about the new business environment of today
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Converging digital technologies determine spectacular changes in the communication markets today. On the one side, converging multimedia companies strive to create innovative contexts of consumption. On the other side, consumers of the digital age strive to grasp the technological opportunities and develop a new media literacy, new communication and interaction competencies. In this paper we focus on the possible implications of the ongoing developments in multimedia environments, examine a series of interdisciplinary research issues and propose a consumer-centric view, based on the exploratory and participatory behaviors of media users that digital environments stimulate
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In this paper we presented the different strategic options of legal reorganization and at the same time we dealt with the problem of these options in the context of legal, national and community regulations. Our goal was also to present the mechanisms, both economical and legal , of prevention, detection, and treatment of difficulties, as the reorganization of a company and the continuation of its existence largely depend on the capacity to prematurely detect the problems that might threaten its functioning
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Team management is the process by which companies delegate people that are well experienced, to manage important projects or tasks through team work. Team management refers to the establishment and regular summary of common objectives, to roles of team members and the team's structure, as well as providing formal feedback on work. Negative, or reverse, brainstorming is another way to brainstorm. The same basic rules apply as in regular brainstorming, but here you try to see things in a different light
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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
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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
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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
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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
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Ensuring public debt sustainability is one of the main challenges that public indebtedness policy has to face on the long run, susciting both practicioners and theoreticians. In this paper we aim to present an overview of the main models for assessing public debt and, more generally, budgetary policy sustainability, briefly presenting their contents and the main disadvantages and problems arising from their practical application
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Economic Union is a state of integration in which interdependencies are emphasized that almost all economic policies out of the strictly national development. Member States remain free in monetary policy. Integration of politically is considered a means of reducing political tensions, to foster political cooperation to increase their participation in international political life
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In an organization, managers must know what determines human behavior, goal and personality. It is important for a manager to consider how people in the organization actually behave and not how he would like them to behave. Motivation plays an important role in achieving performance. Successful employee motivation is based more on a managerial philosophy than a technical application data. A successful manager creates a climate in which employee can apply themselves the wish to increase productivity and performance
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The present paper has been structured and elaborated so that it would assure the emphasizing of the specific essential problems of the economical entities related to the maintenance, evaluation and prominence of the capital. In this regard, the executive management of these entities has the responsibility of adopting of some adequate accounting policies in order to accomplish the developed specific activities. The issue is the quality of the information given by the financial situation of the management of the companies, especially the financial-accounting information related to the capital. Also, the influence of the accounting policies applied on the decision making process is analyzed
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In this paper we propose a model of ontology for the human resource domain. We emphasize the benefits resulting from the application of Semantic Web technologies in the recruitment process. We use currently available standards and classifications to develop a human resource ontology that gives us means for semantic annotation of job postings and applications. Furthermore, we outline the process of semantic matching which improves the quality of query results. Finally, we propose the architecture of an evaluation system based on Semantic Web technologies
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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
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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
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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
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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
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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
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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
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