In this paper we give a new technique to obtain the Hamiltonian function in order to solve the driftless control affine systems (distributional systems) with positive homogeneous costs. The method consists by using the Lagrange multipliers and Legendre transformation associated to a singular...

In this article, we identify the characteristics of the distribution networks in print media and the features of marketing in mass media, emphasising the attempts initiated by the press in the context of the financial crisis. The research was conducted through a case study on regional...

The present paper deals with the issue of current account deficit, trying to offer a series of answers to the debates regarding its recent evolution in Romania. In the former part it is presented the level of current account deficit and the evolution of its main components within the period...

While performing its current activity, a company can face two types of risks: the operating risk and the financial risk. The combined effect of these risks obviously influences the shareholders’ earnings. In order to quantify this effect, we have used the degree of combined leverage,...

The economic crisis has brought significant changes not only in the organization but also in the way of thinking and perception of employees. There are a few cases in which, for a signifiant number of employees, motivation meant more than physiological or secure needs (according to Maslow's...

In the last decade there has been a permanent preoccupation for the necessity of quality improvement in educational and professional training systems (19991), by information exchange and experience, by promoting dialogue and testing and particularly through European education and training...