The simulation methods are implemented to develop students' professional skills and competencies in the economic field, making the link between the academic and business environments. The paper presents these methods of simulation in areas such as trade, international business, tourism and...

The educational system is one of the important factors in creating and developing the competitive forces of a country. The higher education provides the socio-economic environment with two basic services: teaching and research. The duality marks an entire history for higher education, but...

If in the first stages of the internalization of business, logistics had a minor influence in the international success of the company. In a globalized economy, strategy and the logistics costs are essential factors for competitiveness. Nowadays, logistics determines the place which a country or...

As the global economic environment is permanently changing and evolving, the educational system must prepare young people to face the challenges of a real job. The traditional approaches for teaching international business in universities is focused on sharing knowledge and as far as creating...

The aim of this research is to assess Romania’s competitiveness, by analyzing the aggregated Global Competitiveness Index and correlate it with the innovation factor, and particularly with the eco-innovation factor. As it is included in the efficiencydriven stage, Romania needs to implement...

The economic crisis has given the opportunity to reconsider the use of resources, so the subject of competitive advantage has become actual. In the aluminium industry the cost of electrical energy is critical not only for competitive reasons but for the mere existence and performance of numerous...

This paper presents the evolution of real estate market in European Union. Romaniaâ€(tm)s real estate sector passed through significant milestones during the last years -due to economic boom, integration in the European Union and affordable financing. But after the 2007 subprime crisis and...

Logistics activities play an increasingly important role in the mechanism of running a foreign trade operation. The costs for this activity are found in the final price which determines the achievement of the business transaction. On an increasingly competitive global market the logistical...