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Forecasting the Success of Governmental “Incentivized” Initiatives: Case Study of a New Policy Promoting the Replacement of Old Household; Air-conditioners

Governments often use budget so as to provide incentives for citizens to adopt new policies, especially when these are promoting eco-friendly technologies e.g. to subsidise the price of a hybrid-car. The public money spent on each policy, is considered to be value-for–money only if many citizens do adopt the proposed policy. This is also known [...]

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The Policies That Affect the Extent of the Subcultures’ Alignment in Organization

The culture of the organization can be a strategic tool for the success of organization, because it influences how the organization conduct its business and helps regulate, control and model of the behavior in each subculture of the organization. Often, the subcultures are viewed by management as the representing tolerated deviations that do not disrupt [...]

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Managing the Hotels Service Products and E-Services. Case Study: Researching Tourists’ Satisfaction Regarding the Hotels Services in Romania

The objective of a hospitality business is to provide guests with a place where they feel welcome and appreciated, and where they can relax and have an enjoyable experience. Service is what an establishment does to and for its guests to achieve this objective. Service is not about smiling and servility. It is a strategy [...]

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Is The Production of Religious Knowledge Efficient? Managing Faith Related Postsecondary Institutions

The focus of this paper is on the efficiency of producing and managing religion based knowledge in postsecondary institutions. Panel data is used to estimate a stochastic cost frontier and associated inefficiencies for a panel of 222 U.S. bible colleges, theological seminaries, and other faith based higher education institutions over the 2005-09 academic years. Results [...]

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Brand Positioning – A Marketing Resource and an Effective Tool for Small and Medium Enterprises

In order to acquire an effective competitive advantage on the market, the product/ brand must be understood by the prospects in a certain way. The outcome of positioning is the depiction of a clear image in the prospect’s mind of what the product can offer or mean. A clear position in the prospect’s mind should [...]

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Study on Identifying the Need for Personnel within Organizations and the Labor Market Tendencies from the Perspective of Required Qualifications in Centre Region

Socio-economic changes that followed the 1990 and demographic evolutions have decisively influenced the evolution and structure of labour force in Central Region, as well as the needs for qualification. From this perspective, the present study aimed to capture the opinion of employers in Centre Region with regard to the need for personnel in the following [...]

Econophysics – related Remarks in Considering the Necessity of a Distribution Adjustment in the Eurozone Real Economy and Re-modeling its Financial System and Markets. Thermodynamics and Statistical Physics Approach

Econophysics – related Remarks in Considering the Necessity of a Distribution Adjustment in the Eurozone Real Economy and Re-modeling its Financial System and Markets. Thermodynamics and Statistical Physics Approach

The term “Econophysics” was used for the first time by Eugene Stanley (physicist) in 1995 and represents the name of a rather new research domain that tries to apply the modeling standards in statistical physics to the more complicated world of economics and finance. This approach seems to be kind of appropriate and that because [...]

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Development of Critical Perspectives on Romania’s Evolution Public Debt in the Current Economic Crisis

The economic crisis has wiped out years of economic and social progress and highlighted the structural weaknesses of Europe’s economy. The European Commission and European Council have evaluated the PNR and the implementing national reports and will adopt the final recommendations on fiscal and financial policies, and structural reforms, following that Member States will consider [...]

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Investigation of External Audit’s Good Practices in the Context of Corporate Governance – Evidence from Romania

The main objective of this study is to develop an investigation based on an empirical survey over the auditors’ perceptions about the external audit good practices that should be applied or at least recommended in the context of corporate governance. This present study also aims to detect the current applicability of the proposed external audit [...]

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Development and Progress through Intellectual Property Protection and Leverage

Worldwide, every year, cultural, scientific and technical dimensions increases its value as a result of spiritual and creative members of society. Since surplus value and prosperity is a consequence of the act of creation, protection of creators and their creations to be one of the main factors that we must take into consideration and those [...]

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The Impact of FDIs on Exports, and Export Competitiveness in Central and Eastern European Countries

After 1990, the Central and Eastern European (CEE) countries lowered the barriers to FDIs. Of course, many other developments were taking place at the same time: increasing openness to trade, privatization of previously government-owned production, and many other changes as these countries moved in various degrees from socialist to market economies and democratic governments. They [...]

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The Impact of National Currency Instability and the World Financial Crisis in the Credit Risk. The Case of Albania

My research paper aims at analyzing the relationship which exists between macroeconomic situation and the indicators that measure the quality of the credits in the Albanian bank system for the period 2002-2010. The results of the research work have proved the raised hypothesis that the instability of the national currency, in relation to Euro and [...]

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Investigating the Role of Word of Mouth on Consumer Based Brand Equity Creation in Iran’s Cell-Phone Market

This paper investigates the impact of Word of Mouth (WOM) on Consumer Based Brand Equity (CBBE) creation. WOM characteristics such as, volume, valence, and source quality are studied to find how intensely they each affect brand awareness, perceived quality, and brand association. This investigation has been conducted in Tehran-Iran, on the cell-phone market. The methodology [...]

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Managing Knowledge Assets in Project Environments

Knowledge, as the main source of competitive advantage in today’s knowledge-based society, is often a fuzzy concept, with no direct referent in the real world. In order to conceptualize it people use the metaphor of knowledge assets, assets that can be managed, evaluated, invested in, and that became the main source of value creation within [...]

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Impact of Active Labor Market Programs on Employment: Albania’s Case

High variation of unemployment level in Albania for more than a decade shows that unemployment still remains a problem to solve. Given the conditions, the focus of employment policies is on increasing employment opportunities, in order to make unemployed people active in the labor market. This is the reason of applying many employment programs and [...]

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The Past, the Present and the Future of the Albanian Tourism

The issue of tourism is increasingly taking place in media debates during the recent years, due to the increased number of the visitors, our brothers from Kosovo and tourists from all over the world. Actually it is created the full concept that the tourism development should be seen as a goal to increase its influence [...]

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Innovation and Knowledge Management Practice in Turkish SMEs

Innovation management has recently received much attention from research, industry and state support. However, much of the research has focused on large enterprises with much available financial wealth and required planning infrastructure, in order to be effective at managing innovation. This paper aims to understand the factors that affect the innovation management process within Turkish [...]

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Management in the Innovation Project

15 December 2011

The object of this research is to identify the sources of risk in innovation projects and to determine whether they could be managed better. Due to the diversity of opinions and theories over the nature of risk, reaching an agreement about risk management is difficult. This will be a major problem if any effort is [...]

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Posted in Economics, Issue no. 7

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Post Evaluation: Training of Livestock Officers in Bangladesh

15 December 2011

The survey reported the level of usage of short term training program on ‘computer basics and database application’ for Upazila Livestock Officer (ULO) in Bangladesh. A number of 40 individuals were selected randomly out of 175 trained officers. Data were collected during December 2010 – April 2011 through questionnaire and personal interview. Specifically information on [...]

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Posted in Economics, Issue no. 7

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Sustainable Resilience of Company Management System

15 December 2011

Resilience management performance comprise the resilience management processes: building awareness of resilience issue, selection of essential organizational components, selection of organizational operation, identification and prioritization of keystone vulnerability. Management knowledge comprise following elements: Commercial knowledge management, Quality knowledge management, Health and safety knowledge management and Environment knowledge management. The assessment of the overall resilience profile [...]

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Posted in Economics, Issue no. 7, Knowledge Management

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Analysis of Consumers Profile as an Important Tool for Tourism Development

15 December 2011

Tourism plays an important role in contributing to cultural exchange and sustainable development. On the one hand, it involves a short-term consumer experience of other locales. Tourist can play and leave, remaining isolated from negative impacts at the local level. On the other hand, tourism may increase recognition of the importance of respecting cultural diversity [...]

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Posted in Economics, Issue no. 7

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Forecasting Sales in a Sugar Factory

15 December 2011

Beets’ cultivation and sugar production represent one of the most important parts of Greek agricultural economy. A careful and well-organized planning of the production as well as the determination of an accurate safety stock is important for sugar industry, as for many other companies and organizations, in order to define the production quantity which leads [...]

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Posted in Economics, Issue no. 7

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Money Laundering – an Economic Offence

15 December 2011

Preventing and combating money laundering, the product of the transnational organized crime, in general, is one of the most efficient means of stopping this activity, which is a threat for the national or international economic operations. The penal incrimination and sanction of money laundering is a useful instrument for the accountability of all categories of [...]

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Posted in Economics, Issue no. 7

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Development of Distance and E-Learning Based Higher Education in Uzbekistan in Framework of International Collaboration

15 December 2011

Today international collaboration and cooperation are being considered as one of the main trends of higher education development all over the world. Knowledge has become increasingly international. For example, the total number of foreign students worldwide was approximately 200,000 in the 1950- 1960 years. This figure changed in 1987 up to 1.2 million partially thanks [...]

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Posted in Information Technology, Issue no. 7

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High-Tech Products and the Double Adverse Selection: Does Commercial Distribution Worsen Efficiency?

15 December 2011

We all know that information about products drives consumption choices. But knowledge comes first. Without the correct consciousness about products, even with complete information inefficient outcomes may result. The adverse selection problem is revisited in this paper, successfully interpreting what happens any time when, even if a contract is complete and the information about the [...]

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Posted in Economics, Issue no. 7

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Knowledge Management – The Importance of Learning Theory

15 December 2011

“Knowledge is power”. Sir Francis Bacon, Religious Meditations, Of Heresies, 1597 – English author, courtier, & philosopher (1561 – 1626) Knowledge Management is a current topic in the market, which have been treated during the last years from different consideration perspectives. This ongoing subject has fascinated me ever since I had the opportunity to read [...]

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Posted in Issue no. 7, Knowledge Management

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Commercialization of University Research and Innovations in Iran: Obstacles and Solutions

15 December 2011

Commercialization of the university researches and innovations becomes more and more important in this era of volatile changes. Every day we could feel the challenges associated with this process in any knowledge based institute, such as universities, research centers, R&D centers, etc. Commercialization challenges are an integral part of these entities, and their managers are [...]

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Posted in Issue no. 7, Knowledge Management

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The Organizations and the Challenges of the New Century

15 December 2011

The changes from the present times influence more and more in general the national economies and in particular the companies thought the impact on their business environment. We can see how the events from one county have sometimes a global impact and other times have an impact on specific national economies or companies from a [...]

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Posted in Issue no. 7, Knowledge Management

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Obstacles and Solutions of Commercialization of University Research: Case Study of Small Businesses Development Center of University of Tehran

15 December 2011

With the entrepreneurship mission incorporated into the education and research missions of universities, their role in the economic and social development in societies has increased. Thus, subjects revolving around academic entrepreneurship and knowledge commercialization have drawn the attention of many researchers and politicians in different countries in the world. In Iran, too, the knowledge commercialization [...]

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Posted in Economics, Issue no. 7

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World Trade Organization Regulation on Intellectual Property Rights of the “Bio-Technology”

15 December 2011

After establishing a series of agreements regarding Uruguay Round in 1995 and with the starting of activities of the World Trade Organization (WTO) the agreement on the intellectual property rights (TRIPS) comes into force modifying most of the current regulation on the protection of innovations, particularly of medicines and biotechnologies. The promoters of these modifications [...]

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Posted in Economics, Issue no. 7

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Sustainability, Management and Policy of Public Debt

15 December 2011

The present scientific work aims at establishing the connection between the sustainability and the management of public debt both as hot stringent issues, and as strategic components of the state public policies. The authors analyze the relationship between public debt and some macroeconomic variables, by using a model structured on two time periods. Also, the [...]

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Posted in Economics, Issue no. 7

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Analyze of Green Market Certificate, Case Study Romania

15 December 2011

According with the assessment of numerous international bodies energy needs of industrialized countries will increase by approximately 60% by 2030, the same estimates show that oil demand will be more than 115 million barrels in 2020. On the other hand oil and gas reserves are unevenly distributed around the globe, and the largest reserves are [...]

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Posted in Economics, Issue no. 7

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Globalization – Miracle or Mirage for the Economy and Business Environment

15 December 2011

The present article aims to bring into discussion the process of globalization – as central phenomenon of the 21st century. The areas of intervention where globalization is being noticed are various, from early history to the present day, in economics, marketing, IT, the educational system, politics, business, etc. The main idea that we want to [...]

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Posted in Economics, Issue no. 7

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The Changing Pattern in International Trade and Capital Flows of the Gulf Cooperation Council Countries in Comparison with other Oil-Exporting Countries

15 December 2011

This study provides an overview of the pattern of the gross capital flows of the current and capital accounts of the balance of payments of the group of six Gulf Cooperation Council countries during the last decade that includes the global crisis years. As a comprehensive overview is lacking in the literature, while this country [...]

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Posted in Economics, Issue no. 7

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Coaching: A Philosophy, Concept, Tool and Skill

15 December 2011

Nowadays you will come across the word ‘coaching’ anytime and anywhere in the world. It is used in education, but also in business. It is used in big organizations, but also in small ones. It is used in non-profit organizations, but also in profit ones. It is used on an executive level, but also on [...]

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Posted in Issue no. 7, Knowledge Management

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Implementation of Cohesion and Structural Funds in Romania

15 December 2011

The paper is aimed to analyze the structures involve in implementation of structural and cohesion fund and identifies main issues related on financial management. The proper function of management and control system of structures in charge with the management of structural instruments is one of the main conditions for a good absorption capacity. Financial crisis [...]

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Posted in Economics, Issue no. 7

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Solvency II an opportunity or challenge for insurance industry in Kosovo

15 December 2011

The purpose of this assignment is to provide a research that will be used further during the dissertation. The research is focused at benefits of the Solvency II and possibilities that would follow its implementation in the insurance industry in Kosovo. This assignment will briefly explain how it is can be applied on to the [...]

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Posted in Economics, Issue no. 7

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Arbitration as Mean of Solving Litigations between Professional Traders – Novelties Inserted in the New Civil Procedure Code

15 December 2011

Based on the “New York” Convention of 1958 [1] arbitration has become a true and efficient alternative of the common law jurisdiction. The regulation of arbitration in the new Civil Procedure Code [2] is found in the same Book (Book 4), divided into 7 Titles, instead of 11 Chapters. As a concept, the regulation of [...]

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Posted in Economics, Issue no. 7

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Financial Incentives and their Impact for Attracting FDI Survey with Foreign Investitures in Albania

15 December 2011

Introduction to market economy brought the need to attract FDI in Albanian economy. Governments of different countries often used several incentives to attract foreign investors. In this aspect, Albania has attempted to attract FDI by applying several measures in order to create a favorable environment to foreign investments. This study considers the relation between demanders [...]

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Posted in Economics, Issue no. 7

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How Much Control Dose Central Bank of Iran over Money Supply?

15 December 2011

In discussions about the efficacy of monetary policy instruments, attention is often focused on analyzing the money supply process. Monetarists, in general, argue that the monetary authorities can exercise effective control over the stock of money; others, especially those who share the new view of monetary theory argue that the determination of the stock of [...]

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Posted in Economics, Issue no. 7

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The Efficiency of the Fiscal Policy in the EU and Its Role in the Economic Recovery by Attracting FDIs

15 December 2011

The deep global recession has focused attention on the need for counter- cyclical macroeconomic policies. The scope for monetary policy was hampered by the credit freeze in the financial system, which was constrained by the accumulation of toxic assets awaiting a resolution to restore confidence and efficient intermediation. While a heated debate has emerged on [...]

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Posted in Economics, Issue no. 7

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People’s Perceptions on Renewable Energy Sources Penetration Prospects in the Khorezm Province, Uzbekistan

15 December 2011

The energy sectors of fossil fuel-rich Kazakhstan, Turkmenistan and Uzbekistan are heavily dependent on non-renewable resources. The abundance of these resources acts as a retardant the process of energy diversification in the above mentioned Central Asian states. Nevertheless, the future diversification of energy sources is an inevitable process due to many reasons; man-made climate change, [...]

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Posted in Economics, Issue no. 7

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Potential of Renewable Energy Sources in Uzbekistan

15 December 2011

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Posted in Economics, Issue no. 7

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Logistic Task of Fuel Supply for the Regional Distributed Heat Supply System

15 December 2011

The technique for solving the logistic task of fuel supply in the region, including the interconnected tasks of routing, clustering, optimal distribution of resources and stock control is proposed. The complex algorithm for solving the routing task contains Astar method, Yen method, as well as the genetic algorithm adapted for the task being solved. To [...]

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Posted in Economics, Issue no. 7

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Promotional Strategies Direct Marketing and Technological Innovations in Banking

15 December 2011

Modern advertising strategies involve the use of a bank’s media and consumer incentives, so that banking institution, and thus offer products/services to cause favorable changes in mentality and their consumption habits, also important is the establishment an effective communication with employees, shareholders, competitors. Promotion strategies are essential to business success. Success is guaranteed if the [...]

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Posted in Economics, Issue no. 7

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The Financial System of the New EU Member States: Experiences and Current Challenges

15 December 2011

The current financial crisis has had a severe impact on the European financial systems, reinforcing the ongoing discussion about the scale, scope, performance, safety and soundness of the financial system and its institutions. In this context, the purpose of this research is to highlight, using an empirical approach and a quantitative analysis, the vulnerabilities accumulated [...]

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Posted in Economics, Issue no. 7

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The Subtotal Button for Summarizing Data in an Excel Database

15 December 2011

The subtotal feature in Excel allows you to generate summary information, such as subtotals, averages, record counts, and maximum and minimum values for groups of records in a database. When you generate the summary information, Excel adds summary and grand total rows to the worksheet, labels each row, and outlines the records in each group. [...]

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Posted in Information Technology, Issue no. 7, Knowledge Management

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Globalization Measurement: Notes on Common Globalization Indexes

15 December 2011

Globalization is a broad concept casually used to describe a variety of phenomena that reflect increased economic, social and political interdependence of countries. Despite the increasing awareness on globalization, it is interesting to note that there is no any universally accepted definition and there is no standard measurement for globalization. Along with the growing number [...]

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Posted in Economics, Issue no. 7

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Growth Diagnostics: Strengths and Weaknesses of a Creative Analytical Framework to Identify Economic Growth Constraints in Developing Countries

15 December 2011

This paper discusses the Growth Diagnostics approach developed by Hausmann, Rodrik and Velasco. The approach suggests an analytical framework to identify the most binding constraints that hamper economic growth in a specific country at a specific point in time. Aiming at higher-order principles of neoclassical economics, Growth Diagnostics allows policy- makers to creatively develop policy [...]

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Posted in Economics, Issue no. 7