The production function is explaining the mechanism through which inputs are changed into outputs and the partial efficiency of labour and capital. It also allows for understanding the elasticity of substitution, which measures the percentage change in factor proportions due to a percentage...

The present paper has as an objective the concise analysis of the tendencies we could identify regarding the E-commerce in Romania. These tendencies have been identified after a research, analysing the secondary sources of information we can find in Romania. Starting from the hypothesis that in...

The Internet and computer networks have changed the way the activities are performed in various fields. Using a computer connected to Internet, the access to services offered in electronically forms is unlimited. The social and human sciences have also been affected by information technologies....

The e-commerce can lead to cost reduction in case of a supplier in many different ways and can subsequently increase the competition potential of an enterprise. The e-commerce generates on average lower costs than those coming up if it were to reduce them by considering their components. As for...

Information technology plays an essential role in the redesign of economical processes. The introduction of IT tools is a main part of the redesign of many business processes. Even though, the incorrect use of these technologies could totally stop the reengineering process, allowing the...