Author: Cristina Raluca Popescu

Introduction. The paper Japanese miracle versus thirty-six years of excellence in American searching groping presents the way in which a country which can ensure the necessary from own resources only to the limestone and sulfur, having a hardworking population, highly disciplined, proud and persevering has managed to install in the consciousness of the world an undeniable phenomenon called Japanese miracle.

Aim of the study. In this paper the authors tried to decipher some of the mechanisms that have made the great achievements of Japanese. The authors believe that being forced to start from scratch, the availability and openness that they had in order to learn from others, especially from the best managers of the moment, but also from their mistakes enhanced by the consistency and perseverance of not doing sacrificing quality, represented the main factors of success.

Read More

Introduction. Achieving excellence requires continuous improvement of quality management system in any organization are essential leadership, commitment and active involvement of management at the highest level. In turn, the management at the highest level within the organization has a duty to define models of excellence and performance measurement methods both individual and organizational structure of each part, in order to monitor and periodically determine to what as planned objectives within each structure have been met.

Aim of the study. The authors present the basic features of the assessment methodology RADAR that is designed to coordinate the efforts to improve the organizational processes in order to achieve excellence.
Keywords: business process management, assessment methodologies, RADAR methodology, organizational processes, quality, performance, excellence

Read More

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

Read More

Introduction.The basic function of money is to be exchanged by means of payment depending on the requirements and characteristics of trade. Conducting payments must be made in optimal conditions, thus ensuring fluency and safety of the entire payment process. Currency must react to modern means of payment, being influenced by external economic environment, society, contemporary civilization, conducting more frequent payments through banks and evolving to sign electronic monetary impulse, breaking total real value of the currency of contents constituting challenges and responses of the coin.

Aim of the study. Our research focuses on issues related to the payments sector, the Smartcard, the Electronic Banking, payment systems based on bank cards, the Cyber cash, and the electronic payment systems (1) Net Cash and (2) E-Cash, Micro-payment systems with (1) Millicent and (2) Cyber Coin, as well as the electronic check payments.
Keywords: electronic payment system, payments sector, smartcard, electronic banking, bank cards, cyber cash, net cash, e-cash, micro-payment systems, Millicent, cyber coin, electronic check payments, development, economic and a managerial perspective

Read More

Introduction. Electronic commerce or e-commerce is the electronic transaction performed using any computer. Such trade means, specifically, any exchange between a seller and a buyer who visits a web site that is performed after a commercial transaction.

Aim of the study. This paper aims to presents the electronic commerce with its definitions, historical evolution and importance, it’s the main forms, the advantages and disadvantages of e-commerce, the electronic commerce versus traditional commerce as well as the electronic commerce in Romania. In this research we have emphasised the role and the importance of the e-commerce in comparison with the traditional commerce, stressing the fact that it has many advantages that underpin the on-going development and success of this trade: time; the availability of virtual stores: program almost non-stop, every day of the year; the possibility of free decision; the possibility of purchasing products even outside the borders of the country the buyer; communication, particularly internationally, low cost, the relations with suppliers and customers and its importance for small businesses using e-commerce which can compete with large companies.
Keywords: electronic commerce, traditional commerce, development, supply chain management, customer relationship, economic and a managerial perspective, Romania’s experience.

Read More

Introduction. The way to the new configuration: management’s paradigms – acting in the context of social economy. Influences on the Enterprises’s organizational changes

Aim of the study. This paper aims to centres itself on three main directions, as follows: a) the functional reconsideration of the enterprise: the independent work blocks; the type-one-two blocks; the influence of social economy, social enterprise, social responsibility; new features belonging to the managers, new paradigms of management and their influence on the organizational dynamics; b) the role associated with informatics and the informational support mechanisms of the enterprises and beyond them, as well as the role of information in real time; c) the methods able to show how to interpret the market’s dynamics, by using medium and long-term studies, and the marketing, economic, social and political development.
Keywords: enterprises, small and medium enterprises (SME’s), organizational dynamics, quality assurance, profit, social responsibility, social economy, social enterprise, knowledge economy, human resources, human resources training

Read More

Introduction. Nowadays, humanity finds itself in a time period in which the processes of change occur at a pace unknown before. Change itself happens in various fields – technological, economic, social, and environmental and at all the levels of the organization. There is a broad paradigm-changing action that can clearly be distinguished.

Aim of the study. This paper aims to highlight the support given to the organizational dynamics. Our study comes to support the organizational dynamics, by presenting the development of the concepts of „marketing” and „human resources”, by providing some relevant definitions for them, as well as the links that exist between them, in the context of small and medium enterprises (SME’s).
Keywords: organizational dynamics, enterprises, small and medium enterprises (SME’s), human resources, quality, profit

Read More

Introduction. The macro environment refers to that side of the external environment that has the capacity to influence the companies’ activity, while acting indirectly through their microenvironment. Additionally, the macro environment’s influence can be remarked especially on a long-term perspective, being sometimes weak and somewhat uncontrollable. In this regard, some examples can be offered, such as: the unexpected activity of the volcanoes (especially after being “asleep” for a longer period of time or even after declared “inactive”); the unexpected devastating and destructive natural phenomena, such as, typhoons, hurricanes, tornados, or even floods;the unpredicted droughts; and economic phenomenon having the capacity of spreading world-wide a high and unexpected pace, such as the global financial crises.

Aim of the study. This paper focuses on the companies’ economic, social and research – development – innovation potential in terms of the macro environment. Moreover, the study takes into considerations the nowadays key elements, perspectives and challenges concerning this subject. Furthermore, this approach is a theoretical one, chosen due to the necessity of presenting the essential macro environment’s elements influencing and affecting the companies’ economic, social, cultural, technical, political and legal evolution in the marketplace, while taking into consideration elements such as competitiveness, open market, consumers’ behaviour, needs, wishes and desires, infrastructure and research – development – innovation potential. The first part of the paper focuses upon the main characteristics of the key components of the macro environment, such as, the economic, socio-cultural, technologic, demographic, natural, political and legal elements. The second part of the scientific study tackles the aspects related to the companies’ potential, in terms of their economic, social and research – development – innovation perspectives. The conclusions, limitations as well as future implications section presents the basic ideas that result from this study, as well as the elements that could be improved or even further addressed into the near future.
Keywords: macro environment; companies; economic, socio-cultural, technical, natural, demographic, political and legal elements, research – development – innovation potential, Gross Domestic Product (G.D.P.), infrastructure, financial and monetary factors, economic perspectives and challenges.

Read More

Introduction. The study acknowledges business environment’s role in the context of economic integration and points out to a few correlation that exist at present in the marketplace: competition, globalization, economic growth and sustainable development.

Aim of the study. This paper is focused on presenting: business environment’s role in the context of economic integration, in correlation with competition, globalization, economic growth and sustainable development, the economic integration and the role of the European Union at an international level, Europe’s Common Agricultural Policy (CAP) and sustainable development and Europe’s Common Agricultural Policy (CAP) future with predictions and perspectives for 2020 and 2030.
Keywords: Europe’s Common Agricultural Policy (CAP), Business Environment, Economic Integration, competition, globalization, economic growth, sustainable development

Read More

Introduction. The human resources management is extremely important today due to the fact that it offers each and every company the opportunity to evaluate its most important asset, the personal, based on the past and present evolution, while using the appropriate policies, measurements and instruments, as well as by taking into consideration its general rules and regulations.

Aim of the study. This paper aims to highlight the following key aspects: first of all, the notions of human resources management and strategic personnel planning are defined and analysed; second of all, the necessity and the importance of creating and using comprehensive human resources management policies and instruments is taken into account; third of all, a case study done in a Romanian organization is presented, in terms of a quantitative and qualitative analysis; fourth of all, the results of the case study are presented and future predictions are made concerning the situation of similar organizations in Romania as well as in other countries worldwide; fifth of all, the concussions of this research paper are drawn, the limitations are presented and justified and the future research plans are presented.
Keywords: human resources management, policies, instruments, strategic personnel planning, quantitative analysis, qualitative analysis, Romania’s situation.
JEL Classification: J24, M00, M50, M51, M53, M54, O15, O20

Read More