Risk management refers to balancing risk and earnings, generally those who run businesses naturally assume the risk because they get in that position as a result of past successes. The challenge for managers is the intelligent risk-taking. Running a successful business means taking advantage of...

Within forecasts based on single estimations the risk due to uncertainty is not considered. Yet they continue to be widely used in practice in different areas of marketing such as the return on investments, discounted flow of benefits of a project, the average annual benefit of an investment a.s.o.

Assessment involves carrying out an enterprise financial analysis of the diagnosis, afther that, profitability should cover risks that can occur. To quantify the risk there are many mathematical models that can be used successfully to enterprise capacity analysis to be sound and beat the risk of...

When defining a maintenance policy, it must be held in mind the fact that there isn’t such a thing like “good maintenance policy” in itself; instead, for each industrial equipment should be adapted a particular maintenance method, coming to a technical-economic compromise through its...

When defining a maintenance policy, it must be held in mind the fact that there isn’t such a thing like “good maintenance policy” in itself; instead, for each industrial equipment should be adapted a particular maintenance method, coming to a technical-economic compromise through its...

The maintenance activity isn’t a purpose in itself, it’s a necessity of which "the production suffers" and the financial agent “considers too expensiveâ€. It often exists a conflict between the production units and the maintenance department, not only for a short term,...

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 maintenance activity isn’t a purpose in itself, it’s a necessity of which “the production suffers” and the financial agent “considers too expensive”. It often exists a conflict between the production units and the maintenance department, not only for a short term, but, sometimes,...

The firm’s position on the market is determined by the value offered by selling its products or offering its services, the public relations depending on the customers’ perception of the value of the product or service offered to them, and the position occupied in relation to the competitors...

This article summarizes criteria used to identify investment talent in (especially hedge fund) managers and stresses the importance of identifying criteria that are not primarily soft but whose validity can be back tested.