CONSIDERATIONS REGARDING THE ROLE OF FOREIGN DIRECT INVESTMENT IN ROMANIAN BANKING SYSTEM

The foreign banks could be a key element in the process of financial integration of our country in the international and European financial system. This paper analyses the importance of foreign capital in world economy and implications of foreign direct investment in Romanian banking system.investment, banks, mergers, acquisitions

Improving the quality of human resources by implementation of internal marketing

Internal marketing includes programs intended for employees and their development. It is targeted on identifying, motivating and retaining customer oriented employees. For that reason, it is ov great importance for labour intensive, and especially service oriented compa¬nies, since knowledge, expertise, activity and behavior of employees create overall business portfolio that the consumers/clients are buying on external market. Regardless of its industry, adoption and implementation of internal marketing concept lead to long-term growth and success of the company. Internal marketing has important points of contact with human resources field of activity; therefore the analysis of internal marketing concept and its basic dimensions is a significant factor for creating competitive advantage in current business environment. The goal of internal marketing is to focus attention of employees on internal activities that need to be developed, maintained, and promoted for the purpose of business and strengthening competitiveness of the company on the external market. Human resources management through qualifying and motivation of employees to fulfill customer market needs as much as possible, namely to recruit appropriate personnel, and maintain and improve long-term relationship with them, is one of the key prerequisites for company’s business success.Human Resources, Internal Marketing, Competitiveness Improvement

Stimulating Economic and Financial Performance – base of Increasing the Firms’ Competitiveness

AbstractRapid and efficient integration of a company in a particular economic space involves essentially economic competitiveness. Referring to Romania, a country which is in the process of catching-up, in comparison with the EU and the US, the issue raises complex challenges of increasing economic competitiveness on determining the nature, level and structure of representative indicators. In this context, the paper proposes a system of indicators to encourage, recognize and reward the economic competitiveness in the companies and in its basic structures-plant, department, team and place of work. Since increasing competitiveness must be accompanied by the establishment, maintenance and increasing welfare, within the performance indicators a special attention is given to physical indicators, a fundamental condition to overcome the economic and financial crisis. However, given the place and role of the four agents-employee, employer local community and State-the paper discusses how the distribution of gross and net value added help to boost performance

PRESERVING AND ENHANCING SOLIDARITY AND THRUST CAPITAL IN THE COUNTRYSIDE. A SHORT ANALYSIS IN THE GENERAL CONTEXT OF AGRICULTURE BASED ECONOMY

It has become a well known fact that a sustainable development of humankind resides not only in preserving the environment but mainly in preserving solidarity between generations or within a generation. This sustainable development defined as a productive cooperation between generations implies a man nature relationship where the man is an element of nature not its master. The place where the interests of several generations come together as a hole is the countryside, for here the connection between nature, work and capital has a permanent and direct character. Therefore it is not by chance that man and land are primary components of a nation wealth. For the Romanian people eternity was born in the countryside, and the sacred aspects of life are better preserved here. In this context it is a priority to determine the real contribution that it has to Grass Domestic Product, the contribution it has to the preservation and augmentation of the national wealth, as basis for an increasing thrust capital.Rural solidarity, Thrust capital, Rural family, Social dialog, Agribusiness, Agricultural and Food Policy, Community/Rural/Urban Development, Labor and Human Capital,

Direct Foreign Investments in Romania in the Context of the Renaissance of Registered Capital

Abstract Key words: trust capital, registered capital, direct foreign investments, portfolio investments, greenfield, brownfield Motto: "I have tried to study what sustains the success -not only in its own -but as a system that assures the continuity of successes. I believe the answer is the built of a culture of trust. It's essential this to be sustained by responsibility, initiative and cooperation, which myself I consider it to be the basics of trust."(s.n.) [10] Remarks After the Revolution, we have been invaded by new economic categories and concepts, specific to modern economies, a lot of whom being related to the capital category. We have improved our speech with various theories, more or less close to the exigencies of scientific debates. To exemplify and also to enjoy ourselves, we present a part we consider significant in the context: o Capital of luck, as a result of tombolas, bets, lotteries, most of them included in "Watch and Win" or "Luck" category; o Black capital, seen in the area of guns traffics, drugs contraband, fraudulent administration, blackmail or swindles; o Set and seen capital, in villas, cars, clothing, carpets, yachts, watches, but also weddings, dance balls; o Imaginary capital, assign by mass-media due to reality that any fake name written on a candidates list for a position of a public interest, will have a percentage of the votes in th

Improving the quality of human resources by implementation of internal marketing

Internal marketing includes programs intended for employees and their development. It is targeted on identifying, motivating and retaining customer oriented employees. For that reason, it is ov great importance for labour intensive, and especially service oriented compa¬nies, since knowledge, expertise, activity and behavior of employees create overall business portfolio that the consumers/clients are buying on external market. Regardless of its industry, adoption and implementation of internal marketing concept lead to long-term growth and success of the company. Internal marketing has important points of contact with human resources field of activity; therefore the analysis of internal marketing concept and its basic dimensions is a significant factor for creating competitive advantage in current business environment. The goal of internal marketing is to focus attention of employees on internal activities that need to be developed, maintained, and promoted for the purpose of business and strengthening competitiveness of the company on the external market. Human resources management through qualifying and motivation of employees to fulfill customer market needs as much as possible, namely to recruit appropriate personnel, and maintain and improve long-term relationship with them, is one of the key prerequisites for company’s business success

Quality - a Factor for Competitiveness Improvement for Small and Medium Enterprises

The impact of quality management on microeconomic systems is major. Theintegration into the European Economic Area requires a comprehensive processof compliance to European policies and practices, including implementation ofquality management system. The dominance of the small and mediumenterprises sector in the economy requires a specific action framework, thequality having a fundamental role. Only those operators who have implementedand certified a quality management system can valorize on their goods andservices in the European market. Acting on the potentials` sphere, qualitybecomes a crucial resource for economic success. In this context, the authorsaim to analyze the impact of implementation and certification of qualitymanagement on the progress of Romania small and medium enterprises in thecontext of diversification and globalization of the emphasis of European andworld markets

THE WAGE POLICY AND SOCIAL RESPONSIBILITY OF THE PARTNERS INVOLVED IN COLLECTIVE BARGAINING

The parties involved in negotiating collective labour contracts define and follow their objectives from the perspective of interests that determine their existence. After 1989, in Romania, due to privatisation, at the companies’ level substantial changes have occurred with respect to the hierarchy coefficients. As a result, companies endowed with modern technologies and producing for export have motivational policies for their personnel, so that these are concerned with respect to the performance increase. Trade unions almost gave up direct involvement in determining and executing the incomes and expenditures budget, being concerned lately with achieving safe labour conditions, increasing professional training, and maintaining and raising the actual wage. The responsibility for optimising the relationship between labour and capital is with employers and trade unions, and the efficient solving of labour market issues cannot be done but through government, employers’ organisations and trade union

IMPLICATIONS OF THE TRUST CAPITAL FOR THE FDI

For Romania’s success in the intrepid attempt to join within the new coordinates of competitiveness it is indisputable and indispensable to massively and swiftly absorb direct foreign investments. Maintaining and increasing the attractiveness of foreign investments in Romania shall both face in the following period very difficult problems. We envisage, first of all, the dramatic decrease of amounts that shall be cashed from privatisation, and secondly the need of treating with more responsibility the elements that limit the attraction of foreigners to invest in Romania and, thirdly, the accession to the European Union which shall have as core issue the question of competitiveness based not that much on comparative advantages, but on the levels of the economic efficiency.FDI, trust capital, comparative advantages