Partnership and Territorial Networks for Regional Policy. Romania's Experience in European Context

Partnership is a basic principle which must be observed when institutional networks for regional policy are created. If partnership works properly, the regional institutional networks will have a high chance to be viable and to offer a strong support to regional policy. This paper proposes an evaluation of the preparations for implementing Romania's Operational Programme, as a fundamental tool of regional policy. It aims to demonstrate the importance of partnership between the actors involved for the success of these preparations.regional networks, European context, organizations.

GLOBAL PERSPECTIVES IN AUTOMOTIVE INDUSTRY

The automotive sector is characterised by a relatively low trade/salesratio. While the production of most automotive producers in the world is spread over variouscountries in the value chain, the brands are still considered to reflect some national identity.Internationalisation strategies may change over the lifecycle of the product and automakerstend to pursue diametrically opposed strategies. In mature markets, it is about managing whatgoes on beneath a static surface; in emerging markets’ dynamic environments, companies muststrategically position themselves to benefit from growth opportunities. However, without theright strategy and execution in mature markets, it is clear that traditional OEMs cannot profitfrom emerging markets-the persistence of structural issues in mature market operationseventually will rob all but the most resilient competitors of the opportunity to compete inemerging markets

The impact of ias/ifrs on the romanian accounting rules

The accounting standardization process is in progress at international regional level, more and more countries have reached the same conclusion of enforcing high quality accounting standards like IAS/IFRS. At international level, on one hand it is thought to implement IASB's international standards and on the other hand, to converge American standards with IASB standards. There are various reasons for Romania adopting the IASB reference system, but most of them are subordinated to the central aim, respectively EU accession. There are also some secondary reasons required by the IAS/IFRS transition, which in our country is less present than in more economic developed countries. In our country accountancy is subordinated to the taxation system, financing still comes prevalent from banks and very few Romanian companies are listed on foreign capital markets. According to this, starting with 2006 the International Financial Reporting Standards (IFRS), as presented and published by the International Accounting Standards Board, shall be applied in Romania by the following categories of companies: trade companies applying OMF no. 94/2001, loan institutions, assurance and reassurance companies, institutions supervised by the National Commission for Movable Assets, independent public companies and other state owned companies, companies to be consolidated by a company applying IFRS standards, companies, which at the end of the previous year fulfilled two of the following three criteria: turnover exceeding EUR 7.3 Million, total assets over EUR 3.65 Million, average number of employees over 50, as well as other companies subject to the Finance Ministry’s approval.romanian accounting rules, IAS/IFRS, romanian accounting normalization body, capital market

Mechanical and barrier properties of MOCVD processed alumina coatings on Ti6Al4V titanium alloy

This study focuses on the implementation of different aluminum oxide coatings processed by metal-organic chemical vapor deposition from aluminum tri-isopropoxide on commercial Ti6Al4V titanium alloy to improve its high temperature corrosion resistance. Films grown at 350 °C and at 480 °C are amorphous and correspond to formulas AlOOH, and Al2O3, respectively. Those deposited at 700 °C are composed of γ-Al2O3 nanocrystals dispersed in a matrix of amorphous alumina. Their mechanical properties and adhesion to the substrates were investigated by indentation, scratch and micro tensile tests. Hardness and rigidity of the films increase with increasing deposition temperature. The hardness of the coatings prepared at 350 °C and 480 °C is 5.8 ± 0.7 GPa and 10.8 ± 0.8 GPa respectively. Their Young's modulus is 92 ± 8 GPa (350 °C) and 155 ± 6 GPa (480 °C). Scratch tests cause adhesive failures of the films grown at 350 °C and 480 °C whereas cohesive failure is observed for the nanocrystalline one, grown at 700 °C. Micro tensile tests show a more progressive cracking of the latter films than on the amorphous ones. The films allow maintaining good mechanical properties after corrosion with NaCl deposit during 100 h at 450 °C. After corrosion test only the film deposited at 700 °C yields an elongation at break comparable to that of the as processed samples without corrosion. The as established processing–structure–properties relation paves the way to engineer MOCVD aluminum oxide complex coatings which meet the specifications of the high temperature corrosion protection of titanium alloys with regard to the targeted applications

Study Regarding the Importance of Sensory Assessment Applied to Traditional Romanian Cheeses

The sensory analysis by point scale method had the total average result scores, as follows: “urda†cheese type 15.60 points, bellows cheese-type 17.33 points, “telemea†cheese 18.87 points and for “cas†smoked cheese -type 18.51 points. Both pair method and triangular method confirmed that the sample 1 gained the unanimity preferences of cheese tasters participating in the evaluation

A versatile algorithm for estimating natural frequencies with high accuracy

Detection of damage requires an accurate estimation of the natural frequencies of the monitored structure. This paper introduces an algorithm implemented in Python which improves the frequency readability by increasing the number of spectral lines without requiring a signal extension in the time domain. We achieve this by overlapping several spectra calculated from the acquired signal repeatedly shortened. In this way, the overlapped spectrum gets an increased number of spectral lines. The dense mesh of spectral lines permits us to obtain a fine frequency resolution without being necessary an extension of the signal in the time domain. The high density of the spectral lines ensures a sufficient number of points on the main lobes that permits performing an efficient quadratic polynomial interpolation to find the maximizer. It represents the amplitude of the real frequency and is typically located on an inter-line position, thus cannot be found by standard frequency estimation. We implemented the algorithm in Python and tested it successfully for generated signals, containing one or more harmonics, with known frequencies

Auditors’ perceptions on work adaptability in remote audit: a COVID-19 perspective

In the context of COVID-19, adoption of teleworking challenges companies’ culture and social interaction to foster a creative and innovative workplace. The article aims to identify the auditors’ perception of different factors that influence work adaptability in remote audit activity. The research method is based on multivariate data analysis that consist of correspondence analysis, exploratory factor analysis, confirmatory factor analysis and generalised linear ordinal regression. On one hand, findings emphasise that auditors’ perception on the work efficiency of auditors in remote audits is significantly influenced by the digitalization degree of audit activities. On the other hand, the research outlines the main threats and opportunities of remote auditing in the context of the current pandemic restrictions. Where auditors perceive the benefits of remote audit, they appreciate positively the degree of adaptability and work efficiency as regards teleworking. Opportunities perceived lead to enhanced audit activity outcome if audit companies embrace emergent technologies in the new digital workplace. Nevertheless, as transition to remote audit determines increased auditors’ liability and audit risks, auditors are more cautious and sometimes reluctant about future scenarios of remote audit, if innovative emerging audit technologies and integrated GRCs are not used or are not properly implemented. Whatever the future holds for the new digital audit workplace, it is obvious that auditors working from home face specific challenges, because what they earn in efficiency, they lose in benefits that are harder to quantify, such as innovative thinking and creativity

The effect of biogel content on the some viscoelastic properties of a snail pate

Four sorts of snail pâté with different contents (0, 1, 2, 3%) of a vegetal protein (biogel) were prepared. The influence of the content of biogel on the viscoelastic characteristics of snail pâté were studied in this paper. These characteristics of snail pâté were derived from stress relaxation tests. The relaxation times and the elastic moduli, as viscoelastic characteristics, were calculated from the relaxation curves by non-linear regression. The best correspondence between experimental data and calculated curves was obtained for a mechanical model with three Maxwell elements in parallel with a lone ideal spring element. Every measurement was made in triplicate. From above viscoelastic parameters, the viscosities were calculated. Correlation between experimental relaxation curves and calculated curves were emphasized by absolute average deviation (AAD), the minimum AAD value being 0.15% and the maximum one 0.82%. The stiffest snail pâté contains 2% biogel, and the snail pâté with 3% biogel is more viscous

Partnership and Territorial Networks for Regional Policy. Romania's Experience in European Context

Partnership is a basic principle which must be observed when institutional networks for regional policy are created. If partnership works properly, the regional institutional networks will have a high chance to be viable and to offer a strong support to regional policy. This paper proposes an evaluation of the preparations for implementing Romania's Operational Programme, as a fundamental tool of regional policy. It aims to demonstrate the importance of partnership between the actors involved for the success of these preparations