Remarks on Romanian Capital Market Volatility in the Framework of an Power ARCH (PARCH) Model

The recent evolution of the Romanian capital market is characterized by an increase in the market volatility as an expression of investors’ uncertainty about the global financial instability. Thus, the objective of this study is to provide an analytical framework for the analysis of the market volatility and to derive some empirical evidences base on such framework. The main results support the thesis of some recent structural changes in the market’ volatility pattern which had occurred as a direct effect of the financial and real crisis.capital market, volatility, Power Arch Model, Bucharest Stock Exchange

An E-business Strategy

On the last decade the integration of e-business into organizations has increased, but there are still difficulties during this process. In the present environment any organization must include into their business plan the possibility of identifying the e-business integration method, the implementation cost, and the expected results. The article's aim is to analyze the necessary means and steps in e-business integration into the business plan of an organization.e-business, e-strategy, business plan, digital economy

THE MANAGEMENT OF DOCUMENTS AN OPTIMISING COMPONENT FOR A COMPANIES IT SYSTEM

In order to ensure success in the competitive world of business, companies must accommodate the needs of their clients, partners, employees and capital owner. Companies that pay attention to the way their documents and information are administrated are more prepared to face cost reduction and can respond much faster to the changes occurred on Basically, it is all about information and controlling it and thus the response time is minimum to any inquiries or demands that come from inside the informational system of the company. So, you need an efficient document management. Software solutions that come to your aid, in order to optimize this process are Electronic Document Management System.Management, document, efficient, efficiency, opportunity, safety, IT

The Audit of Business Intelligence Solutions

Although in this period humanity passes through a relative economic crisis, we all agree that our environment is that of a society of information and knowledge, based on communication and teleactivity, one that is also called information society. Every new form of activity in the information society has an associated informational component consisting in a software program, an application, a system, etc. It is a certainty that in the new economic environment it is necessary to adjust quickly to the opportunities of the market, through Business Process Reengineering, adoption of Business Intelligence solutions, implementation of complex automation applications like Enterprise Resource Planning. But, more than this, in, the digital economy the stress is put on the “labelâ€, the “imageâ€, the “brandâ€, and these features that are associated to organizations may be obtained by the information audit processes. The present study is focusing on the problem of information audit developed in one of the upper forms of manifestation of the information society in the field of changing the ways of doing business: Business Intelligence.Audit, Business Intelligence, Information and Communication Technology, Data & Metadata, Value Chain, Performance

SOA, SoBI & EDA - Paradigms for Integration Capabilities of BI Platform

A Business Intelligence (BI) provider may offer a basic solution, a packed application or a comprising BI platform which integrates components from individual technologies in a synergic system. The providers’ tendency is to standardize the instruments offered on a single server platform. The article analyzes the integration capabilities and problems of BI platforms, emphasizes the differences between emergent technologies and suggests integration solutions. The analysis is useful both to the providers of BI solutions - in order to develop some agile platforms, as well as to their users - representing an important factor in selecting the solution. In addition, the conclusions to be drawn will emphasize the tendencies from the BI market and will represent the support in creating some agile platforms.Business Intelligence, agile platform, integration, metadata management, Service Oriented Architecture (SOA), Event Driven Architecture (EDA)

Knowledge based economy –technological perspective: implications and solutions for agility improvement and innovation achievement in higher education

Nowadays, the universities, as driving forces of innovative economy and as components of modern society, based on knowledge and collaboration, face a number of challenges and difficulties. In order to overcome them and to create/ensure the bases of eScience education and research activities, universities have to change culturally, strategically, and operationally. The paper highlights the need for ICT (Information and Communications Technology) use and its implications for higher education. In addition, the study places the theoretical aspects into a specific context, combining technologies through interfunctionality in order to ensure academic education agility and innovation. This involves the use of knowledge, process management, service oriented architectures, and Cloud solutions, exemplifying on the Academy of Economic Studies, Bucharest case. The integrated approach is extended using the SharePoint 2010 platform to improve academic management and achieve harmonization of teaching and research and development content and methods with European Union standards. The platform has been implemented and tested within two AES departments and the Master’s Degree Studies in Computer Economics. The results have encouraged the integration of the proposed solution within the institution. The study was based on the authors' competences in the areas addressed and was joined with a rigorous analysis of technology trends and various EU countries (Italy, Germany France, Belgium, Netherlands etc.) universities outputs regarding knowledge economy implications for economic higher education studies.knowledge-based economy, information and communications technology, university studies in economics, university management, agility, innovation, SharePoint 2010

AN ADAPTATIVE EVOLUTIONARY MODEL OF FINANCIAL INVESTORS

The main purpose of the paper is to determine a general behavior of a multi-agent model capable of describing the process of deliberation of an investors group witch may repeatedly decide whether to buy or sell an asset. Each adaptive agent was modeled asProgramming Models, Genetic algorithms, Information efficiency

Systematic Integration of Innovation in Process Improvement Projects Using the Enhanced Sigma-TRIZ Algorithm and Its Effective Use by Means of a Knowledge Management Software Platform

In an evolving, highly turbulent and uncertain socio-economic environment, organizations must consider strategies of systematic and continuous integration of innovation within their business systems, as a fundamental condition for sustainable development. Adequate methodologies are required in this respect. A mature framework for integrating innovative problem solving approaches within business process improvement methodologies is proposed in this paper. It considers a TRIZ-centred algorithm in the improvement phase of the DMAIC methodology. The new tool is called enhanced sigma-TRIZ. A case study reveals the practical application of the proposed methodology. The integration of enhanced sigma-TRIZ within a knowledge management software platform (KMSP) is further described. Specific developments to support processes of knowledge creation, knowledge storage and retrieval, knowledge transfer and knowledge application in a friendly and effective way within the KMSP are also highlighted.Process Innovation, Knowledge Management Software Platform, Innovative Problem Solving Methodology, sigma-TRIZ, DMAIC

Business management in digital economy

Changes that are taking place within business and economical environment, complexity and difficulty of the decision taking processes need the usage of management models specific to digital economy businesses. This paper’s objective consists in defining such a management model, identifying its usefulness, presenting its architecture and comparing some models of ebusiness management