After the second World War, the classic supermarket innovated with the introduction of self service. Since then the notions of „supermarket” and „self-service” have become synonymous in the mind of large sections of the population. The corner shops have, in the mean time, developed into...

The flexibility concept within the company may be better understand if we will analyse the connection with other concepts. In this paper we will try to present the influence of the flexibility over the diversity and change.

The rapid growth of the private pension funds industry has potential quantitative and qualitative effects for the capital markets, especially for the emerging markets. There are several factors that influence the decision to invest on the emerging markets and, in the case the decision to invest...

The classical models of portfolio selection could not be applied on a market were the efficient market hypothesis is not valid (at least in a "weak" sense). The aim of this paper is to enlighten the difficulties of portfolio construction in a financial market with institutional and structural...

The globalization improves the prospects for the emerging markets to attain an economic development level comparable with that of industrialized countries. Without ignoring the specific policies concerning the openness degree, globalization might increase capital and technology flows towards...