The Modeling of the Decisional Process A Case of Study for the Portfolio Management

In the architecture of the management functionality and performance, its decisional component has a privileged position. No other element has a more stressed managerial specificity and a greater impact in all the plans of its activities and results. There are the main reasons which determined the authors to do a detailed analyze of the elements which intervene in decisional process. To have as a result a well founded and opportune decision any decisional model had to acquire, process, interpret a larger volume of information, in a shorter period. These demands have directed the whole structure of this paper.decision, decisional model, decisional variables, parameters, cause – effect relations.

The Need of Knowledge Management Strategy for the Successfully Implementation of Reengineering Projects

This paper want to shown that current knowledge management approaches do not emphasise enough on knowledge sharing from reengineering project perspective. To achieve success with reengineering project, an organisation must possess and share knowledge about many different facets of this process. While many reengineering projects have resulted in improve performance, we believe that higher levels of performance improvement are possible by coupling IT capabilities with KM strategy. To explain these results it was assumed that the key to implementing with success reengineering project is having a wide knowledge management strategy. Our objective for the paper reported here was to understand the factors that motivate to share knowledge before implementing any knowledge management strategy to sustain the successfully implementation of reengineering projects.Information Technologies, knowledge, knowledge management, strategy, reengineering, project

Constraints on time variation of fine structure constant from WMAP-3yr data

This paper presents the constraints on the time variation of the fine structure constant at recombination relative to its present value, Delta_alpha = (alpha_rec-alpha_0) / alpha_0, obtained from the analysis of the WMAP-3yr Cosmic Microwave Background (CMB) data, with an additional prior on the Hubble expansion rate from HST Hubble Key Project. I found out that -0.039 < Delta_alpha < 0.010 at 95% C.L., which brings a 30% improvement to the previous limits from WMAP-1yr data. The corresponding recombination redshift, 1012 < z_rec < 1115, shows a delayed recombination epoch compared with the results from WMAP-1yr data.Comment: 11 pages, 3 figures; accepted for publication in New Astronomy, June 02 200

About a Nonlinear Two-Parameter Prediction Model Used for Investigating the Distribution of CO2 Emission in Europe

The growth rate of different economies in Europe depends strongly on the production and, especially, on the consumption of energy resources. As an empirical rule, the development of such economies is closely interrelated with a consistent CO2 emission into atmosphere. However, this aspect has a negative impact on the quality of life of the people all over the world. In the present article we propose a methodology to improve the estimator accuracy of a nonlinear two-parameter prediction model used in Albu (2007) for studying the impact of the greenhouse effect on the macroeconomic growth. In order to prove the validity of the methodological proposals, a stochastic Monte Carlo simulation technique was applied.nonlinear prediction model, parameter estimation, stochastic Monte Carlo simulation, the distribution of CO2 emission

RETHINKING THE BUSINESS PROCESS THROUGH REENGINEERING

Rethinking business through reengineering is based on the assumption that to meet contemporary demands of quality, service, flexibility, and low cost, processes must be kept simple. Examples of simplifying processes are combining several jobs into one, letting workers make decisions, performing the steps in a process in a natural order, and performing work where it makes the most sense. The net result is that work may be shifted across functional boundaries several times to expedite its accomplishment. Traditional inspection and control procedures are often eliminated or deferred until the process is complete, providing further cost savings. The authors, focusing their research on enterprises from Oltenia Region, demonstrate how reengineering can be carried out in a variety of corporate settings. But although workers are the ones who need to be empowered to carry out reengineering, the authors are adamant that the process must start at the top. This is because it involves making major changes that are likely to cut across traditional organizational boundaries. Those empowered to make the changes at lower levels must know they have the support of top management, or change won�t occur.reengineering, rethinking business processes, regional economy, leadership, organization

CONCRETE ASPECTS CONCERNING THE SYSTEM ANALYSIS IN DECISION ASSISTANCE FOR THE MANAGEMENT OF A PORTFOLIO OF DERIVATE FINANCIAL PRODUCTS

A successful projection of a decision assisting system supposes a good formulation and understanding of the problem, emphasizing the organization�s informational needs. This understanding can lead to a clear differentiation between the system analysis (�what has to be done?�) and system projection (�how it must be done?�). The paper makes a complex study over the activities and informational fluxes usually run by the management activity in order to establish the general requests which shall be provided by means of an information system for decision assistance for the management portfolio.decisional model, model of objects, classes of objects, association of relations

Prescriptive Model for the Strategic Decision-Making Processes from the Romanian Enterprises

This paper proposes a prescriptive model for the strategic decision-making from the Romanian enterprises. Within the paper there will be described the phases implied in solving a strategic problem. Finally, there will be presented a strategic decision from a Romanian enterprise, elaborated on the base of the model.rational approach of decision-making, Romanian enterprises, strategy, prescriptive model

The Romanian Reform of Education – Moments of the Post-Communist Transition

The reform of education, from Romania, began from the first moments of the postcommunist transition. It was marked by three limits: the reactive character, the changes in education being the consequence and not one of the driving forces of the political, economical or social reform; the dependence of external financing, especially in investment that led to the precipitated import of institutions, at doubts and discontinuities, at incoherence at the level of educational politics; limitation at formal education, at school and university, ignoring the important fields of permanent education as the adults education, the education of the persons with special needs, early education, education of Gipsy population, etc neglecting the early evolution of the professional field.reform of education, education policy, Bologna process, superior education

FINANCIAL PROBLEMS IN A.D. XENOPOL’S WORK

Many of Xenopol’s studies, articles and economic papers fully prove his permanent interest in this area, so important for the life of a country.. This fact urged him to look into the economic state of his people, to search for its causes and formulate solutions, some of them among the most realistic ones, for its improvement, for the reduction of the gap that separated us from the most economically developed countriestaxes, budget, national wealth, consumption, public debt, money, banks