The new regulations on capital adequacy aimed to strengthen the stability of financial and banking system because a stable banking system contributes to assure a sustainable development with long term beneficial effects on economy.
This article represents a review of the impact on new higher standards for Romanian banks regarding capital adequacy.
Mariana Zamfir, Marinela Daniela Manea and Luiza Ionescu
The decision of investment is a strategic decision and it is an integral part of the general policy of the company. The purpose of this paper is to present the manner in which the ROI (Return on Investment) indicator can be used in the analysis of investment projects.
Understanding the concept of investment is the first issue addressed. Then ROI is analyzed, highlighting the advantages and limitations of its use. They are addressed the aspects related to the manner in which the size of the ROI indicator is influenced by the method of valuation of assets, but also by the method of calculation of the working capital. The research results can be used by any investor to select based on ROI indicator, an investment project of several possible. As well, ROI may serve after completion of the investment to measure its profitability.
Florin Radu, Ciprian Giju and Alina Iuliana Tăbîrcă
Considering the technological and economic changes over the years, we have found that we are currently witnessing an increase in the information system in the future. In fact, it is found that the information domain has known divergence over time, significantly in practice. Therefore, it is not surprising that the academic recommendations are rarely adopted by practitioners in response to this problem, so it is suggested in the future a turn towards the practice.
The promotion of agritourism services is a very important factor of agritourism development. Owners of agritourism farms apply different promotional instruments.
The main objective of the authors’ research is to identify the management methods of promotional activity in agritourism by local authorities in municipalities of the Myslenice County. The region belongs to one of the most touristic attractive parts of Malopolska Province in Poland.
In order to achieve this ambitious objective, during the summer 2015 the surveys in all nine municipalities belonging to the Myslenice County: Dobczyce, Lubień, Myślenice, Pcim, Raciechowice, Siepraw, Sułkowice, Tokarnia oraz Wiśniowa were conducted. The researches related to the support of local governments in the development of agritourism services with regard to the promotion of agritourism.
In the theoretical part of the paper the essence and forms of promotion used in agritourism services and other different types of its support by local authorities were presented based on the literature.
Fast and continuous development of the low cost airlines is due to the low prices that have attracted more and more clients. These companies react to the market conditions and search to develop their operating fields towards areas with high potential. Low cost operators are very dynamic meaning that they continuously develop not only their network but also their price strategy. Competition in aerial transport is very tight especially because of low cost lines that attract customers with low charges for the consumers who do not want to invest a lot of money in a plane ticket.
Airlines industry in Europe is continuously adapted to the reality and conditions of the low cost airlines that consists of most European customers and constantly increase their market.
Dan Marius Coman, Mihaela Horga and Denisa-Mihaela Coman
The evolution of technology in the field of business has led to the emergence of software programs to facilitate marketing operations, analysis and reporting various activities. Thus, there are programs for the warehouse management of raw materials and finished goods, accounting programs which facilitate the recording of accounting operations, programs for booking income and expenses.
His work, “Integrated Computer Systems ERP in SMEs” means a coordinated study for completion of undergraduate studies master's degree where we tried along with the graduate to identify ERP solutions available on the market in Romania, and to determine the degree to which SMEs use such computer solutions.
The transactions into the international trade of services, today, represent a major component of the international flows of values. This work aims a brief analyze of the Foreign Direct Investments flows’ evolution of the Romanian services economy in terms of volume (as value) and dynamics during the post-crisis years that highlight the Romanian modern economy participation within the global and European production networks level” after 2013 year.
Constanţa Popescu, Ana Lucia Ristea and Constantin Popescu
Kuklinski (Kuklinski A. 1987), realized, from an epistemological perspective, a history of the international and interdisciplinary progress in matters of regional policy.
According to the authors’ conception, an international scientific movement in the domain of regional studies refers to: the examination of the regional studies carried out in different countries to identify the diversity of ideological and intellectual attitudes, the techniques and the motivations.
Today this phenomenon must be considered from a new perspective in the framework of a global analysis of the different scientific schools which perceive regional studies in particular and original ways.
A scientific school can be defined as all the activities of a well-organized team, capable of producing, in the course of a long period, a series of relatively important and diversified innovations in three domains:
theory and research methods;
empirical knowledge of the existing reality;
creation of tools and policies in order to transform this reality according to the development goals accepted by a determined epoch and in a determined region.
The main feature of a scientific school is represented by its capacity to innovate a series of theoretical and empirical studies (Kuklinski A. 1987).
In the present work, the authors aim to determine the efficiency of the macroeconomic policies by determining the effects of the application of the instruments (revenue change) and finding out the instrument having the highest efficiency.
In today’s macroeconomic theory and practice, the efficiency level of the macroeconomic policy instrument is measured using multipliers. The different nature of the measurement units used when calculating the multipliers makes it impossible to compare the multipliers in order to establish the more efficient instrument, and for this reason it becomes necessary to use elasticity as an efficiency indicator.
Society since ancient times faced with a weak involvement of human resources in organizations. Therefore motivating employees became today an important objective for organizations that want to remain viable on the market today. Motivation of human resources in the organization will bring extra performance to the manager that hopes to reach the organization's goals.