Quality Management System-INcrease Factor of the Organizational Competitiveness

Modern organizations operate in an extremely turbulent, dynamic and unpredictable environment, which bear profound changes in relatively short periods of time and impose requirements in terms of increased economic competition and the intended performance objectives. Therefore, this paper investigates the significant increase of the weight factor on the quality of products on the market. The latter is an element of prime importance for the development of the organization. The only path to quality is an operational and advanced quality management system. This study will analyze and demonstrate that implementing such a system will give the possibility to organization to make products and services according to specifications, increase of efficiency and productivity, increase of offering capacity, reduce losses, increase staff motivation and involvement, reduce costs, increase consumer and partners confidence, improve company image on the market, increase customer loyalty and ultimately increase profit. All these factors by creating value will ensure a sustainable competitive advantage for any organization.quality, quality management system, organizational competitiveness, competitive advantage.

IMPLEMENTING A LOGISTICAL MANAGEMENT WITH THE HELP OF ELECTRONIC COMMERCE

The firm, considered to be a unitary system, disposes of a functioning mechanism defined by a few characteristics, which include: - it is a unitary ensemble with an established juridical regime and a certain functional autonomy; - it has specific in and out parameters; - it is capable of self-adjusting its activity through its own management of informational links. To do so, an important role is held by the analises of the logistical system, which implies the component of logistics, and the physics and informational flow."

The Modern Approach to Industrial Maintenance Management

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, but, sometimes, for a long term, imposing a rigorous definition of each person’s responsibilities. Considering the mutations in the industrial equipments’ technical complexity and the accidental failures’ catastrophic consequences from the economic and/or social point of view, it should be assigned a new dimension to the maintenance activity. One of the imperatives imposed to this action is represented by modern means of informing through the maintenance’s operational computerization.Maintenance’s Progress, Total Productive Maintenance, Cooperation In Maintenance, The Maintenance’s Costs Minimization, Maintenance’s Operational Computerization

THE STRATEGIC PERFORMANCE MANAGEMENT PROCESS

Contemporary trends in global competition, rapid technological developments and increased use of management information systems and the Internet, developments in planning and control and management thinking, and changing demographics are putting pressuresstrategy, performance management, strategic objectives, management.

Redefining Industrial Maintenance Activity in the Modern Organization of Industrial Companies

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, for a long term, imposing a rigorous definition of each person’s responsibilities. Considering the mutations in the industrial equipments’ technical complexity and the accidental failures’ catastrophic consequences from the economic and/or social point of view, it should be assigned a new dimension to the maintenance activity. One of the imperatives imposed to this action is represented by modern means of informing through the maintenance’s operational computerization.maintenance’s progress; total productive maintenance; cooperation in maintenance; the maintenance’s costs minimization; maintenance’s operational computerization.

Managerial Practices of Increasing Organizational Performances in a Competitive Environment

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 shifting. More and more significance is being placed on the organizations ability to survive and to achieve performance in these turbulent times. Management practices must evolve and change to continue to meet the need of an organization. This paper examines the management practices required in today's companies, necessary for achieving good results in organizational performances.management, managerial practices, organizational performance.

THE SUBSTANTIATION OF THE PRICE STRATEGIES ACCORDING TO THE CONSUMERS’ BUYING BEHAVIOUR

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 is determined by the level of the product’s prices and advantages offered by the competition. The price and the value-price ratio are two fundamental variables of which the firm’s survival depends in the competitive environment. To ensure the fact that the pricing strategy be a long-term success we must define in the early stage of development-research the value-price ratio, having in view that it’s possible for a product with an increased perceived value not to be introduced on the market with a competitive price, an aspect that can be approached using the target costs and target value method, a method that allows to define the production costs limits and fixing the target price to avoid the launching errors.price strategies, perceived value, strategic competitive advantage, target value, value/price ration, optimal level of performance.

The Management of the Industrial Maintenance at an International Level (II)

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 products, through its market, its equipments, its people, the managers’ psychology, the organizational culture and, as a consequence, the industrial maintenance will be different. The present article will pursue to highlight the position of the maintenance activity having in mind the imperatives imposed to this activity, the maintenance methods applied at the international level and the methods that can be applied in our country.maintenance mission; corrective maintenance; systematic preventive maintenance; conditional preventive maintenance; palliative maintenance.

Performance measurement of hedge funds managers

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.Performance; Determinants of performance; Hedge funds

COMPETITIVENESS AND PERFORMANCE ON THE COSMETICS MARKET

Most organizations are going through massive changes. Their customers are changing, their competition is changing, their customerâ€(tm)s needs are changing and their resources availability is changing - the cosmetics companies are no different. Organizational survival and success depends on the ability of the managers to detect and adapt to critical changes in the environment, which may impact the company. \\r\\nThe paper has two main purposes. First to underline the importance performance measurement has in todayâ€(tm)s business and second to present a few key elements regarding the performance of the cosmetics sector in Romania. For this we have tried to answer the following question: Are the cosmetics companies competitive? \\r\\nThis paper is based on exploratory literature review of different approaches regarding organizational performances in organizations in general. \\r\\nDespite the global economic crisis and the general slowdown of many markets, the Romanian beauty and personal care market continued to grow in 2009. Consumer awareness and product knowledge is growing rapidly and the development of retailing chains and their widening product offer have also helped to further the development of the beauty and personal care market.\\r\\nThe paper also presents the results of section three of an online survey conducted at 10 cosmetic companies from Romania. The results have shown that multinationals have both the economic and managerial power to succeed in obtaining their goals. Even though the sample of 72 respondents was rather small, we managed to conclude from the received answers that the majority of companies focus on economic and managerial performance rather than on social and ecological performance indicators. \\r\\nThis paper aimed to contribute to the literature review development in the field of performance management. The results of this study can be of use for managers from the analyzed domain or for other researchers in the economic field. \\r\\nThe authors have contributed to the originality of this paper, by presenting pertinent conclusions about the cosmetics market from Romania, resulted from the literature review and from an empirical study. \\r\\nmanagement, performance, cosmetics market, competition