In order to succeed in any market a company has to decide which strategy is more appropriate to use, which means identifying the sources of a potential competitive advantage such as skills or resources. Superior skills in creating a special product can represent the element that is setting the...

It is our intention in this paper to highlight the role and importance of the regression analysis in the case of an econometric model with qualitative variables, proposing a model that may underline the cause relation between the factor effect-effort. The study is based on a questionnaire,...

Following the deepest global downturn in recent history, economic growth solidified and broadened to advanced economies in the second half of 2009 and in the first months of 2010 year. Within both groups of countries, advanced economy countries, as well as emerging and developing economies...

As a result of the extremely volatile world economy in 2008, tourism demand slowed steadily through the year. Overall, the 5% growth of the tourism world demand between January and June gave way to a 1% decline in the second half of the year. Growth returned to international tourism in the last...

Under the influence of the global economy recession, the world goods exports, in dollar terms (nominal terms) registered a 23% drop in 2009, at a level of USD 12.1 trillion, the fall being larger than most economists had predicted. In 2009, commercial services exports registered a drop of 13 per...

Internal control represents the totality of policies and procedures adopted by management, which contribute: to the fulfilment of managerial objectives, to the prevention and detection of frauds or errors, to the accuracy and exhaustiveness of accounting entries, as well as to the preparation in...

In order to succeed in any market a company has to decide which strategy is more appropriate to use, which means identifying the sources of a potential competitive advantage such as skills or resources. Superior skills in creating a special product can represent the element that is setting the...

Making business in terms of efficiency and effectiveness, respecting the rules of conduct and ethical principles is realized in the current economic climate with a difficulty increasingly higher. It is obvious that external pressures are difficult to overcome, especially since recent years have...

Regardless the field of activity, transnational companies must respond to the market challenges and also must fit in the new dimensions of world economy, that are marked, on a first side by the deep globalization trend of markets and standardization of business models and on the other side, by...

Services have become an important and growing sector of the world economy, accounting for the largest part of value added and employment in the vast majority of developed countries. The importance of the services sector is justified by its sheer weight in the economy (around 67% of EU 25 GDP) as...