Benchmarking is a method used to measure the products, services and processes in comparison to an entity recognized as a leader in terms of performance of its operations. Used in the years 1970-1980 in the strategic management of the company currently has proven to be increasingly useful in many...

In the context of the financial crisis the imbalances in the euro area have been underlined. The issue had been previously debated during the years preceding the financial crisis, but the strong global economic expansion and the ongoing economic integration within the euro area partly masked the...

The European Union next enlargement will constitute a significant qualitative change in the structure of the current Union, as the accession of the Western Balkan countries and of Turkey in particular will bring a brand new set of economic problems. It is expected that this enlargement to have a...

The expansion of global trade gained considerable force in the last decade, force that generated many transformations and changes. These transformations represent stronger improvements than expected, when compared with the preceding years, even if the trade growth remained below the average rate...

The Heckscher-Ohlin theory also did not adequately explain why rich entities such as Europe and the United States, which had very similar endowments of capital and labor, traded more intensively than those with very dissimilar endowments.

In the context of the EU single market formation it was observed a trend of giving up local deposits in favor of central regional warehouses. Another factor favoring centralization of storage is the economic crisis that has forced the need for efficient activity by making decisions on reducing...

The economic crisis has given the opportunity for the world to reconsider the use of resources, so the subject of competitive advantage has became actual. There are several relevant papers on national competitiveness, but we consider that there are still important issues to discuss in order to...

In order to keep up with the changing economic environment, graduates from business schools must be prepared to face different challenges. In fact, it is the educational system that must be configured properly, so it can create student competencies in a dynamic way. A research has already been...

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...

Logistics management has always been critical for business competitiveness. Companies are trying to make their activity more efficient by reducing costs for storing and transportation. Also they want to be able to respond more rapidly to customer needs by implementing a delivery system that can...