In this paper, advantages and drawbacks of virtual teams in research and development (R&D) are studied. With the globalization of commercial practices and advances in information and communication technologies, increasing numbers of enterprises are establishing cross-functional, geographically...

Purpose - The literature on the topic has evolved exponentially since eight years ago. Relaying on a review of studies published in recent years, this article proposes and discusses a framework which incorporates a set of virtual teams involved in a new product development initiative....

The dynamic environment and the constant demand to be globally competitive require companies to focus closely on their management of internal resources. One of the systemic approaches towards improvements in internal resources is the implementation of lean. The Toyota Production System...

Managing organizations in modern working conditions takes on an extremely new dimension. The trend of globalization, the creation of a single market, dictates the need for organizations themselves to change their activities, to implement new ways, methods, concepts of work and to...

The paper focuses on enterprise business value chain modeling as an alternative to business process modeling. Well known REA methodology proposed by McCarthy and Geerts is used as the basic modeling framework. The research presented in the paper results in a generic semantic enterprise model...

The paper deals with the application of power-types in business process modeling, particularly within Resource-Event-Agent (REA) business ontology. This ontology, which originates from accounting information systems, has gradually extended into full-fledged tools for business processes and...

The work pass in review a few basic concepts found in quality management focusing on operational aspects of quality assurance in production activity and continue with issues regarding total quality strategy, the vector of competitiveness on the market.

The implementation of total quality management as a contemporary concept has already begun in the organizations in the Republic of Macedonia. This implementation is based on the conclusion of the positive effects that total quality management offers. Its concept provides visible changes in the...

Small and medium sized enterprises (SMEs) are a major part of the industrial economies. Their survival and growth has therefore been a prominent issue. Research and development (R&D) enables firms to create new technologies and/or to build on existing technologies obtained through technology...

Small firms are indeed the engines of global economic growth. Small and Medium Enterprises (SMEs) play an important role to promote economic development. SMEs in the beginning of implementing new technologies always face capital shortage and need technological assistance. Available ERP systems...