This paper is a about two rules used in capital investment decision-making. NVP and IRR incorporate the time value of money using a discount factor based in the firm’s relevant interest rate or cost of capital. Decision-makers clearly prefer IRR to NPV although NPV technique offers more...

In this paper present new and principal elements of the managerial control system in power energy system. Exchanges on managerial control system was causes of the principal actions: Introduction of the competition; Liberalisation and privatisation of the electricity and heat sector; Private...

Organizations usually implement a management system both in order to „set the policy and the objectives” and to „accomplish those objectives”. Such a system is the quality (management) system itself which is „a management system through which we guide and control an organization in...

In the present economic conjuncture, the elaboration and implementing of a strategical orientation can not be considered anymore the prerogative of certain entrepreneurs, but a necessity of any businessman who wants to prosper on the market and assure his long term viability. The enterprises'...

This paper presents an analysis of two American and Japanese management strategies, the reengineering and Kaizen strategies, which can be used successfully by the Romanian companies, too. Reengineering is the fundamental rethinking and radical redesign of business processes to achieve dramatic...