There is a turmoil in Europe and the world as far as the terms multiculturality and interculturality are concerned and have been concerned in recent years. The overwhelming historical, political, cultural and economic changes that have shaken the whole world have brought about significant changes in otherwise relatively traditional societies and communities, as well, with a very important impact on people's lives not only in point of economy, but communication, attitude towards labour, personality traits, national security and others. All interpersonal relations have been tinted by the reaction towards some „buzz words” that are very popular nowadays; nevertheless, they are at the core of a tremendously huge process of changes in the mere life of European societies and communities.
In this environment, all economic activities that involve huge movements of individuals and masses (like tourism and hospitality) have experienced huge transformations; and if the ability and skill of making international communication mingle with the feeling of security encountered in a certain environment- these would definitely lead to a potential and real growth in that economic sector, including the third one of services.
We truly believe tourism is one of those, and good international relations, as well as strategic partnerships, contribute to its development.
In order to achieve results in tourism you only have to provide the following: secure environment, a competitive product, and good value for price services. It also helps if you have skilled employees, though.
According to the Small Business Act Report, 2015, Romania is placed by the European Commission as a leader among the Member States in the field of entrepreneurship, with the prospects of increasing the number of SMEs by at least 8.5% annually. Micro enterprises in Romania, according to the White Paper of SMEs in Romania-2016, edition XIV, also face difficulties with the continuous preparation and training of the employees, namely: hiring, training and maintaining the personnel, consulting and the necessary training for the company and employees. For vocational training, SMEs in Romania allocate an average percentage of 1.96% of the turnover, a rather unfavorable situation, which shows that Romanian entrepreneurs invest relatively little in human resources training.
This paper is part of a European project entitled ME2ME – Micro-Enterprise Learning, and aims at identifying the skills and knowledge available in the local business community that could be valued through peer-to-peer learning networks to support the development of the micro-enterprise sector. The outlined conclusions point out that the peer-to-peer learning process occupies the second position among the methods of accessing the new training sources in Romania. The most important peer-to-peer learning approaches into the micro-enterprises’ representatives preferences were: small group meetings, joint peer activities, and training sessions.
Climate change has become one of the main challenges facing humanity. Over the past decade, this phenomenon, which may have been caused by natural variability and/or human activity, has attracted many scholars from different scientific disciplines to warn of its potential consequences.
The author of this paper has decided to address the existence of this important phenomenon in organizational literature. However, upon exploring different academic databases, the rarity of research focusing on climate change and its relationship and/or effect on HR or organizational aspects became obvious. Accordingly, the author recommends other HR and organizational scholars devote considerable space to this phenomenon in their field.
Mircea Constantin Duica, Nicoleta Valentina Florea and Anisoara Duica
Procurement management is a function for B2B market and a complex concept based on a continuous buying cycle and supposes: determining the need, taking the decision of buying, identification of sources, selecting and choosing the right suppliers, contracting, and maintaining the relationships with the future contractors.
Supplier selection is a challenging task along supply chain and is based on some important criteria in order to choose the right supplier and maintain with it a long and prosper relationship. In order to select the right supplier, the buyer may use quantitative and qualitative methods. In this article we present the importance of supplier selection along supply chain and the used criteria to do this. We also present a supplier selection method based on mathematical models, especially on regression function and time series analysis, in order to show that they bring important benefits for the companies which used them.
In this paper one research will be presented, which is focusing on the factors of decision making in the tourism sector. Health and wellness tourism have become a major trend in the past years, since more and more consumer care about their health.
The stressful life, people live nowadays also lead to increased health risk which justifies the growing need for relaxation during the holidays as well. In the study we also present the factors of an analysis and the key motivators when deciding about the destination.
As they say, money can’t buy happiness. However, the lack of it can make people’s lives much harder. From the moment we open our first bank account, we have to make lots of financial decisions in our life. Should I save some money or should I spend it? Is it a good idea to ask for a loan? How to invest my money? When we make such decisions, unfortunately we sometimes make mistakes, too. In this study, we selected seven common decision making biases - anchoring and adjustment, overconfidence, high optimism, the law of small numbers, framing effect, disposition effect and gambler’s fallacy – and tested them on the Hungarian population via an online survey. In the focus of our study was the question whether the presence of economic knowledge helps people make better decisions? The decision making biases found in literature mostly appeared in the sample as well. It proves that people do apply them when making decisions and in certain cases this could result in serious and costly errors. That’s why it would be absolutely important for people to learn about them, thus increasing their awareness and attention when making decisions. Furthermore, in our research we did find some connection between decisions and the knowledge of economics, people with some knowledge of economics opted for the better solution in bigger proportion
The central bank’s action on bank liquidity implies the action on the amount of currency issued by the central bank that banks can acquire in their mutual relationships, and on its price, which is the action on the interest rate.
In order to respond to banks’ treasury needs, the central bank acts on the money market through restrictions on refinancing options and handling reserve requirements.
The paper aims to investigate the extent to which the NBR’s money tool system influences the mass and quality of credit granted by banks in the Romanian banking system. The monetary policy strategy adopted by the NBR had a strong influence on the macroeconomic variables of Romania
The European Commission, through the Directorate-General for Agriculture and Rural Development has found that investment projects is the main way of undermining the EU’s financial interests regarding Rural Development, where three types of fraud can be found: 1. Ordinary Fraud (using funding for purposes other than those for which it was granted); 2. Rigged Procurement Procedures (e.g.: acquisition of second-hand equipment instead of new/complacency offers/manufactured/falsified and inflated offers); 3. Creation of artificial conditions for obtaining financing. Identifying and punishing them has become a priority for the Payment Authorities of the Member States of the European Union.
Silvia Elena Iacob and Mihaela Loredana Bădina Rădulescu
Nowadays the concerns for communication analysis are highlighting its complexity. If for the regular people, communication means essentially to transmit information mostly using words, for the communication science specialists, it got a different meaning. Regardless of the meaning given to the term, everything gravitates around information and managing the interest. These two terms define the content of communication. The reasons, purposes, meanings are mostly different, depending on the actors involved in the message exchange. In order to not wander in this definitions universe, we will note only one: “Broadly, communication is the process of issuing a message and send it in a coded manner with the help of a communication channel to a recipient for reception” [Burcin, Octavian, 2009].
This definition was chosen, starting from the fact that all definitions for communication have at least a series of mutual elements, from which we note: communication is the process of transmitting information, ideas, opinions, reviews, either from one individual to another, or from a group to another; communication is an attribute of the human being; no kind of activities, from the common daily activities to the complex activities developed at collectivities level, cannot be conceived outside the communication process.
Through this analysis I wanted to emphasize the differences but also the similarities between the two countries with different management systems, in terms of geopolitical, social, technological and economic. In this analysis we found that the two systems have common point in sports management, but also points that they should priority in the next stage in the development of sport.