Browsing: 2015, Vol. 21, Issue 1, May

2015

Phases and Actions of the Evolution of the Concept of Quality in Canada and Australia – A Theoretical Modelling of the Development of Knowledge in Business Performance in the XXI Century – The Approach to Excellence

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Introduction. Performance Management Excellence models are structures supporting organizations in shaping initiatives in choosing appropriate strategies and their implementation through a systematic approach, whose final objective is to continuously improve the performance of organizations.

Aim of the study. This paper aims to highlight a the authors present the basic features of the phases and actions of the evolution of the concept of quality in Canada and Australia, as a theoretical modelling of the development of knowledge in business performance in the XXI century in order to improve the organizational processes so that excellence can be achieved.
Keywords: business process management, quality, modelling, knowledge, business performance, excellence, Canadian model of excellence, Australian model of excellence

2015

Crediting analysis in Romania after accession

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Introduction. In a time full of financial convulsions with deep repercussions on the world wide economies, crediting is one of the easiest and serious options in finding alternative solutions for economic recovery. Using Crediting as a tool for economic recovery must be supported by all decision-factors, but not in any circumstances. The perspective of economic development in the European Union also requires the observance of medium and long-term desiderates such as coagulated ones in the concept of sustainable development.

Aim of the study. This paper aims to highlight that the way in which crediting derives and its effects on sustainable development represents one of the followed ways in any market economy in order to obtain the desired effects, not only economic, but also social and environmental.
Keywords: development, credits, regulating, surveillance, financial market.

2015

Editorial Manager 21

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The cause and effect relationship between certainties and uncertainties

We are witnessing a wave of mergers and acquisitions both in terms of business value and alliances concluded globally. The increasing number of mergers and acquisitions is a result of globalization that creates market opportunities, contributes to the reduction in barriers to entry into markets, facilitates networking technologies, and expedites communications restructuring. From this perspective, mergers and acquisitions are now considered corporate strategies causing global changes, influenced therewith by these changes. The combination of these factors and the global trend towards privatization have fostered and sustained the greatest economic expansion and the stock market boom. Companies recur to strategic alliances in order to secure a strategic balance in the market. Merger decisions are often influenced by the potential that is offered by synergies when a variety of skills converge to ensure: the generation of new sets of activities and that of financial economies of scale, an increase in operational efficiency through economies of scale, lower costs of capital by leveling cash flow, and a better link between investment opportunities and internal cash flows.