Author: Sorin-George Toma
Introduction. There are a lot of factors, both internal and external (social, financial, technological, political, legislative, demographic) that influence the activity of a company. Its adaptability and flexibility are decisively influenced by the entrepreneur’s education, but also by the group he leads and by the innovative spirit that exists at the organizational level. The local and global information flows provide support for the development of businesses that once seemed impossible. The entrepreneur has the capacity to take major risks, to identify opportunities and to ensure the company’s sustainability.
Aim of the study. The paper aims at presenting some aspects regarding the current level of entrepreneurship and the way in which education and innovation influence it.
Keywords: entrepreneurship, innovation, education, entrepreneurship factors, growth
JEL Classification: L26
Introduction. The advances of knowledge and science are immense, and the development based on them follows a galloping trend, even aggressive and precipitous, as a breakage of clouds. However, from the point of view of the security of systems, processes, society, economy and life, the world does not follow a straightforward, good, safe and precise direction, but a very complicated one in which the predictable, desired and calculated with rigor and precision effects are largely faded and even canceled by those that are chaotic and unpredictable.
Aim of the study. The strategic balance of mankind is a precarious one, based rather on balancing the threat than controlling it and its vulnerabilities. Of course, responsible people are aware of this dangerous trend and do their best to control it. But the chances of success in this increasingly uneven and increasingly vulnerable environment are, in turn, more and more controversial. And yet, such chances still exist.
Keywords: migration, development, war, security, sustainability
JEL Classification: Q01, O15, F220, F52, H56
Introduction. The level of interest in entrepreneurship among policy makers, researchers, academics and businessmen has significantly raised in the last decades. During its evolution, the concept of entrepreneurship has been embedded in many various schools of thought on entrepreneurship. As entrepreneurship is interdisciplinary, it puts together knowledge and combines concepts from different fields of study and schools of thought.
Aim of the study. The aims of the paper are to briefly define the concept of school of thought and to exemplify its use in the field of entrepreneurship. The paper is based on a quantitative research method. It shows that the existence of the schools of thought on entrepreneurship proved to be beneficial for the development of entrepreneurship.
Keywords: schools of thought on entrepreneurship, entrepreneurship, macro view, micro view
JEL Classification: L26
Introduction. Trends of global market evolution have influenced the emergence and development of clusters which are very well structured and, at the level of companies, they have encouraged the development of individual and professional networking processes. Networking thus becomes a resource that represents an opportunity offering potential organisational benefits, while being a process in which management principles and organisational communication elements are found.
Aim of the study. As a process, management aims at achieving the organisational objectives by using limited resources and by guiding systems within the context of a dynamic environment.
Keywords: networking, management, branding, planning.
Introduction. In a period of less than two decades (mid-1950 and early 1970s) Japan succeeded in achieving high economic growth rates and becoming the world’s second economic superpower. Both macroeconomic and microeconomic factors, such as the Japanese government’s economic policies, institutional reform, high saving rates, land reform, and high-competitive corporate management contributed to this performance. Based on a strong cultural framework, the so-called “Japanese style management” represents one of the many explanations of the Japanese economic miracle. In this sense, the Japanese culture and its influence on Japanese management have been subject of numerous researches in the last decades.
Aim of the study. The paper aims to help readers to identify and understand some of the main cultural dimensions of the Japanese management. The research methodology is based on a quantitative method.
Keywords: culture, management, values, Japan
JEL Classification: M00
Introduction. Leadership is as old as human civilization. The field of leadership has burgeoned since its emergence in the last century. Leadership has become a fast-growing topic of interest for both scholars and practitioners from all over the world. On the one hand, leadership is a widespread research area. On the other hand, leadership is one of the oldest practices in human history.
Aim of the study. The aims of the paper are to define the concept of leadership from a multiple perspective and to present its main characteristics. The paper demonstrates that leadership represents a complex, context-based, multifaceted, dynamic, and even an elusive concept as there is no universal definition of leadership. Also, the paper illustrates some of the main characteristics of leadership by taking into account various perspectives, theories, and paradigms.
Keywords: leadership, leadership-as-practice, leader, paradigm, theory
JEL Classification: M1, M19
Introduction. The COVID-19 pandemic affected society in general and the socio-economic environment in particular. The effects of this health crisis immediately spread to the economic and financial environment, affecting most industries.
Aim of the study. This article aims to analyze the impact of the COVID-19 pandemic in football clubs in the five most important championships in Europe. The methodology was based on a quantitative research method. The results of this analysis show that the football industry has been significantly affected, and the prices that clubs have been willing to invest in acquiring new players in 2020 have fallen dramatically compared to previous years. This paper may be useful to those who want to understand the implications of the pandemic in economics, in general, and in football, in particular.
Keywords: management, European football clubs, COVID-19 pandemic, football industry
JEL Classification: M10, M19
Introduction. In today’s society, in order to be a successful entrepreneur you must be able to adapt to the ever-changing market conditions. To do this, it is important to be able to utilize your resources to their maximum potential so as to gain the best results possible. As such, it is important for an entrepreneur to have very good leadership skills in order to mobilize his team to achieve the vision of the company.
Aim of the study. The aim of this paper is to highlight the importance of leadership for organizational success in nowadays business environment. In particular, the paper focuses on the transformational style of leadership employed by famous entrepreneur Jeff Bezos that has managed to grow Amazon to the point that it is considered the biggest online retailer in the world. The methodology used is qualitative and is based on the research of secondary sources such as articles, books and interviews. The findings show that transformational leadership is a key solution that fits the needs of companies finding themselves having not only to strive to survive, but to flourish in this fast-paced, ever-changing environment of the business world.
Keywords: leadership, transformational leadership, Jeff Bezos, Amazon
JEL Classification: F00, F23, L81
Introduction. The history of both leadership and wisdom is as old as human civilization itself. Leadership has been studied in various ways from different perspectives and in diverse contexts (because it has a significant impact on the success/failure of any organization. On its turn, the subject of wisdom has become a broader interdisciplinary matter.
Aim of the study. The aims of the paper are to define the concepts of leadership and wisdom, and to present their relationship. The research methodology is based on a quantitative method. The paper shows that leadership and wisdom are complex and multifaceted concepts, and require attention from both a theoretical and practical point of view. Also, it illustrates the relationship between the two concepts by taking into account their common elements.
Keywords: leadership, wisdom, intelligence, knowledge
JEL Classification: M1, M19
Introduction. In consumer relations, the retail companies carry out specific external marketing activities using appropriate tools: catalogues, online marketing actions, external advertising etc.
Aim of the study. The aim of this paper is to analyze the advertising catalogues from the following types of stores: proximity shops, discounters, supermarkets and hypermarkets and to identify and describe retail marketing strategies as they turned out from them. The research methodology was based on a quantitative research method. In this sense, the authors present the external marketing strategies and the company’s general strategies. Also, in retail marketing strategies, product and price strategies are essentially dependent on vendor strategies, while the business firm has more control over promotion and distribution. Following the analysis carried out, the authors conclude that in composing the mix, the trading company has total control over the combination of brands and products and low control over the product lines within the brands. The paper contributes to a better understanding of the retail marketing strategies.
Keywords: retail, company, marketing strategy, advertising catalogue, external marketing strategies, general strategies
JEL Classification: L20, M31