ADVANCES IN DECISION ANALYSIS. EFFICIENT METHODS IN FINANCE

Decision analysis offer workable solutions in domain such as the environment, health and medicine, engineering and operations research and finance. In finance area we can observe a big variety of method and techniques for research fluctuates from economy and financial date. Most economic decisions are related to monetary variables. Since money has a capacity to connect the present and the future, conflicts among long�run and short�run economic goals and uncertainties of the future make economic decisions very complicated. In this paper we will introduce some models to show how monetary variables can be investigated real aspects of economic development. We discusses problems encountered in financial models, describes efficient method and show how to apply them to practical problems in financedecision analysis, mathematical modeling, dynamic models, money

REENGINEERING AS AN EFFICIENT SOLUTION TO REDESIGN ACTIVITIES AND PROCESSES OF AN ENTERPRISE

The paper shows a series of opportunities linked to the technological, human and economical reengineering of activities and technological processes developed in a modern enterprise, adding new dimensions in the efficient development, on the market principles, in argument with the desiderate of the durable development of the society. Starting with these considerations we designed aspects linked to: business reengineering implementation, stages of this process, accentuating the management methods, delimitation on areas of activity of the effects on reengineering action.business reengineering process, reengineering enterprise, models and methods for reengineering project

Home Gardens – A Current Economic Approach

The past few years have shown an increasing interest of the international scientific community towards strengthening and intensifying local food production in an attempt to mitigate the negative effect of population growth, generalized climate change or food price volatility. Under these circumstances, a resource neglected by the macroeconomics over time has drawn the researchers' attention, and that is home gardens. Regardless of the fact that current research sees this new resource as an element of food security or an improving factor of the nutrition status in rural communities, home gardens in Romania serve as a real rural capital that has passed the test of time and is already an integral part of local food systems. This paper provides a theoretical approach on the notion of home garden, insisting on the social, economic and environmental characteristics and contributions that this economic category brings to host communities and the society as a whole

Functional and Structural Features of Suceava and Botoșani Metropolitan Areas

The development of metropolitan areas is a natural process of urban expansion, achieved through exurbanisation and suburbanisation, whereby urban functions extend into the rural periurban environment. The expansion of the concept of the urban metropolitan area to second tier urban areas encompassing regional hubs is driven by the urban-rural and functional territorial development in the proximity of Suceava and Botoșani municipalities in northern Moldova, which have always evolved in conjunction. The study aimed to identify the relevance of human development indicators and to assess the socio-economic development potential and the ranking of communes that are part of the Association of Botoșani and Suceava Metropolitan areas, amid the development of joint projects and of a metropolitan-type association between the two urban areas. The unfolding of evolutionary metropolitan-type mechanisms in this paired territorial setup is linked to general trends in functional and residential urban expansion into the periurban, to the establishment of periurban hypermarket platforms and, ultimately, to the merging of urban and rural space in an integrated territorial corpus, with prospects for urban and functional development through joint projects. Moreover, the study exposes genetic-evolutionary types of metropolitan spaces in the two areas, differentiated by their size and the urban hub status of each of the two municipalities

Reengineering as an Efficient Solution to Redesign Activities and Processes of an Enterprise

The paper shows a series of opportunities linked to the technological, human and economical reengineering of activities and technological processes developed in a modern enterprise, adding new dimensions in the efficient development, on the market principles, in argument with the desiderate of the durable development of the society. Starting with these considerations we designed aspects linked to: business reengineering implementation, stages of this process, accentuating the management methods, delimitation on areas of activity of the effects on reengineering action.business reengineering process, reengineering enterprise, models and methods for reengineering project

ROMANIA’S ECONOMIC GROWTH IN THE CURRENT INTERNATIONAL CONTEXT

Present and future economic growth is increasingly dependent on trends in the global economy. They lead to an intertwining of the economic progress at a national-regional-global level. In particular to bearing economic integration, globalization, globalization of economic, political multipolarity, expanding economy on a continental and global level, etc. The effects of these changes can be both beneficial and negative, so we proposed a study on the evolution of parameters characterizing both economic growth and the evolution of this growth in Romania in the current international context

Ecological impact of mining brownfields in Bucovina (Romania)

The decline of mining activities in Romania has led to the appearance of large areas of mining waste, buildings and decommissioned equipment. Known by the name of mining wastelands, they challenge both the environment as well as the communities in which they are located. The problems created by the mining wastelands generate shock waves in the development of the rural territories hosting them and block their sustainable development. This paper highlights the stages of the evolution of different types of mining wastelands in Bukovina, with an emphasis on the environmental component, as well as on their possible integration using various forms of valorization. The data was gathered in 2017 as part of a research called “La dynamique des paysages culturels intégrant des aires avec des friches minières. Rétrospectives et perspectives géographique en Bucovine (Roumanie) et en Wallonie (Belgique)”, funded by “L`Agence Universitaire de la Francophonie”. We used the Rapid Impact Assessment Matrix (RIAM) methodology to assess the environmental impact of mining wastelands, which included 5 evaluation criteria and 15 components investigated (6 physical-geographical and ecological components, plus 9 socio-economic and cultural ones). The findings indicate that the ecological impact of abandoned mining areas is directly related to the area they occupy as well as the morphoclimatic system in which they are located. The socioeconomic component analysis highlighted the role of mine closure in increasing unemployment and lowering living standards, as well as a community takeover of some infrastructure elements through direct involvement of local government

Positive evolution in economic forecasting. Case study: the evolution of a company’s capital

For the economic sciences, mainly for the planning and organization disciplines, the models display a range of varieties.  For the last decades, though, the mathematics-based models seem to be the trend, partly because of their ability to rigorously concentrate the essentials and also to be programmed via the computer-based techniques, thus creating together an unheard of instrument of scientific investigation, a resourceful ‚extension’ of human intelligence.The article herein presents certain medium-term prognosis, via the dynamic modelling, elements of bifurcation theory and the Xpp software.  The case study has been the object of a research contract with the business environment.