A culture preoccupied solely with money yields to a cynical behaviour and lack of interest for the individual’s problems and necessities. Capitalism, as we now see it, was driven by the lowest motivations: greed and individualism. Nothing good would ever grow having a negative motivation at...

The performance concept originated from the concept of firm management. The performance management of the firm involves improving its value-cost relationship, which means that the firm will be able to build a product or service, in terms of achieving cost and profitability targets, and compare...

Excellence in management is a must in today's competitive business environment. Business has become complex and global. Traditional management practices like: strategy planning, personnel organization, budget setting and problem solving on a daily basis are still essential. Yet the emphasis is...

The “overview” culture of the nation we live in has an overwhelming influence. A strong entrepreneurial culture is the foundation of a dynamic economy. It reflects the measure in which a certain country’s society supports the entrepreneurs’ ideas and initiatives and the way in which it...

In the early twentieth century, the Taylor model improved, in a spectacular maner the efficiency of the production processes. This allowed obtaining high productivity by low-skilled workers, but used in large number in the execution of production. Currently this model is questioned by experts...