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QUANTITATIVE AND QUALITATIVE ASSESSMENT OF SPORT PLACES, SPACES AND FACILITIES FROM SAFETY AND BIOENVIRONMENTAL POINT OF VIEW

Author(s): Ali Alizadeh / Language(s): English Issue: 1/2019

The purpose of current research is quantitative and qualitative assessment of athletic places, spaces and sports facilities in Dushanbe, Tajikistan from safety and bioenvironmental point of view; and presenting the results about shortages and problems of preservation and maintenance of these premises and equipment. For this purpose, data from three researcher-made questionnaires contains 100 variables (43 variables for evaluation of quantity and quality of places, spaces, and sports equipment in Dushanbe city in Tajikistan; 21 variables about health and safety conditions of buildings and equipment, and dedicated 36 variables to bioenvironmental conditions of the above mentioned places and equipment) were analyzed; and the study population consisted of the 19 sport place and spaces in terms of location, space, sports facilities of Ministry of youth, Sports and tourism of the Republic of Tajikistan. Due to the limited number of available subjects, all the statistical population has been considered as study sample. Required information was collected within 10 months period of study, then, analyzed using descriptive statistics. Face and content validity of the measurement instrument has been approved by faculties and sports scientists. Our findings show that: 1. In terms of quantity, sport spaces of Dushanbe was reported as 26.8 % weak, and 30% moderate, and also in terms of quality of places, spaces and sports equipment 34.8 % good, 26.1 % average. 2. In terms of safety and health condition, places, spaces and sports equipment mentioned above was about 39.1 % moderate and 21.7% good. 3. In terms of bioenvironmental conditions; sport places, spaces, and equipment was amounted to 69.6 % of good condition as well. In summary, we can considered equipment shortages and financial constraint as the main problem of sports development in Dushanbe, Tajikistan; which caused redouble inattention to health and the safety of these places.

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SOME ASPECTS OF IMPROVING THE METHODOLOGY OF ECONOMIC ANALYSIS

Author(s): Merab Jikia / Language(s): English Issue: 1/2019

The main methodological peculiarity of economic analysis is that it can not only identify cause-effect relationships, but also provide their quantitative characterization. In other words, it ensures to measure the size of the impact of the factors affecting the performance of a company. This allows us to provide an accurate diagnosis on the conditions of economy and develop proper recommendations based on its outcomes. Therefore, the main purpose of economic analysis is to divide the object of study into fragments. For determining the number of the affecting factors and the size of the impact of each of these factors, the more simple elements the object of the study is represented, the more likely it is to understand the essence of the case and provide more definite conclusions. Obviously, the fragmentation of the analytical object depends on the purpose of analysis and the maximum possibility of its fragmentation. In this regard, in terms of market economy, particular importance is paid to the in-depth analysis of the improvement of production efficiency indicators, like capital productivity and labor productivity.

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THE FOURTH INDUSTRIAL REVOLUTION IS HERE. IS EUROPEAN UNION PREPARED TO ADOPT IT?

Author(s): Angela Albu,Flavius Costel Clim,Maria Sabina Albu / Language(s): English Issue: 1/2019

We are currently witnessing major changes in production systems, diversification and service delivery as well as business models. A new concept was introduced approx. 6 years ago - Industry 4.0. or The Fourth Industrial Revolution. This new concept refers not only to industrial branches, but encompasses the whole business environment, meaning the digitization of all physical assets in an economic entity and integration into digital eco-systems with partners in the value chain, partners that can be individuals or other economic entities. This paper aims to study the implications that the Fourth Industrial Revolution will have on production systems, services and human resources, to see how prepared we are to cope with the changes that will come in a very short horizon of time. For this purpose, the case study analyzes a number of relevant indicators at the level of the European Union and other developed countries that provide information on adapting economies to the requirements of the Industry 4.0 concept.

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ENVIRONMENTAL AUDITING – AN ORGANIZATION MANAGEMENT TOOL

Author(s): Nicoleta Asalos / Language(s): English Issue: 1/2019

The most types of economic activities affect environment. That’s why, the effects of this connection have amplified in the last years and became a question of major public concern. As a target for the European Union, sustainable development enshrined in its treaties since 1997 but the first strategy was adopted in 2001, revised in 2006 and the last in 2009. Since 2001, the strategy set out measures on how to face the challenges of sustainable development and reaffirming the main aim of a permanent improvement in the life and health of peoples while prosperity, environmental protection and social cohesion are ensuring. Therefore, the Community Eco-Management and Audit Scheme (EMAS) has been set up at the EU level as a management tool that allows the voluntary participation of organizations carrying out activities with an impact on the environment, in order to further improve environmental performance. This paper presents the role and benefits of conducting environmental auditing in organizations as part of this management system, but also the influence of this community management scheme on the EU policies on sustainable development.

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CONVOCATION OF THE GENERAL ASSEMBLY OF ASSOCIATES AND VOTE OF ASSOCIATES WITHIN THE LIMITED LIABILITY COMPANY. PROCEDURAL ASPECTS AND DOCTRINATION

Author(s): Alina-Paula Larion / Language(s): English Issue: 1/2019

By addressing broadly the right to vote and the framework within which it can be exercised - the general assemblies of the associates - it can be seen that the lacunae regulation cannot provide solutions to the whole set of problems that arise in the company. All the more so as under the influence of the evolution of computer technologies, the participation of the associates in the general meetings could be carried out at a distance, subject to certain well-established conditions, especially to ensure the identification of the participants with the help of video equipment (videoconferences made through web). In other ways, the social interest understood that the aggregate of the convergent interests of the different categories of participants in the life of the company becomes one of the most important criteria for evaluating the activity of the statutory bodies, especially the administration and representation operations of the limited liability company in relations with third parties.

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THE COUNTRY OF ORIGIN INFLUENCE ON THE DECISION TO BUY WINE. A RESEARCH FRAMEWORK PROPOSAL

Author(s): Anca Milovan-Ciuta,Vasilica-Marinela Ardelean,Sid Ahmed Sahour,Florin Cristian Jurca / Language(s): English Issue: 1/2019

In this article we intend to review the literature on the influence of the country of origin on the quality assessment and decision to buy wine. Based on literature review, we formulated the research model and the hypotheses we want to test. The research framework proposed in this paper is part of a wider research that addresses the influence of the image of the country brand on the image of Romanian wines. The model takes into account the influence of several moderator factors of the relationship intensity between the country of origin and the quality assessment, namely the choice of the purchased wines: the purpose of the purchase, the place of purchase / consumption, the personality of the consumer, the inclination towards ethnocentrism, the consumer's gender and wine consumption expertise. The scale proposed to measure the influence of the country of origin on the perception of quality and choice of wine is the "Best-Worst" scale. The results of these studies may be useful to managers of wine producing / distributing companies in identifying market segments sensitive to various intrinsic and extrinsic attributes of wines and in promoting wine appropriately.

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METHODS OF SALES WITH PROJECT AND REGIONAL MANAGEMENT

Author(s): Astrid Fortmueller,Raphael Gert Denis Murswieck,Matthias Duennweber / Language(s): English Issue: 1/2019

The focus of this research study is to identify the promotional marketing strategies that can be adopted at both project management and regional levels for a scientific theoretical exercise at hand. This will be efficiently realized through conducting investigations on the relevance of project marketing operations to the underlying project management practitioners as a whole. At the regional level, the scientific-based project would have to be promoted to people and stakeholders outside the organization at hand. It is expected that the marketing of this project will be able to coerce a great deal of external clients and compel them to clearly provide any form of support that could extends to financial and non-financial resources. A model that would normally work best is one as a one-time strategy. It allows the project manager to devalue the strategy through a sheer. The project manager can also go ahead and promote the idea of this project through friendship ties. They can use their friendship ties to impact influence on the entire project management framework. This sales method would help to downplay the notion related to the chain of authority and duty and can sometimes results to efficient work ethics.

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IDENTIFIYING THE BANKRUPTCY RISK OF COMPANIES WITH THE ALMAN MODEL

Author(s): Veronica Grosu,Roxana-Ancuța Macsim / Language(s): English Issue: 1/2019

Companies operate to produce goods and services that, in turn, help the entity achieve its primary objective of gaining profits. Certain studies have been conducted to determine whether an economic entity is sound and capable of continuing its business in a normal way. There are a lot of papers in which this topic is debated, and these are proposed by different specialists. Altman is one of these authors. It has developed a model based on the financial statements of economic entities. With the help of this report, Altman could predict about 2-3 years in advance whether an economic entity is financially efficient or whether it will be on the verge of bankruptcy.

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ASPECTS REGARDING THE INFLUENCE OF INFLATION ON ECONOMIC GROWTH IN EU

Author(s): Dana Codruța Dăianu,Raluca Simina Bilți / Language(s): English Issue: 2/2019

Through this paper, we intend to perform a radiography of the inflationary phenomenon in European Union. We presented the methodology for quantification of the inflationary phenomenon and the main differences between the Consumer Price Index (CPI) and the Harmonized Index of Consumer Prices (HICP), the last being the indicator used to make comparisons of the inflation rate between the European Union states as well as the Eurozone From the point of view of the methodology of scientific research, it was highlighted the influence of the inflation rate on the evolution of GDP, determined by the Pearson Coefficient.

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THOMAS COOK UK TOURISM INDUSTRY, THE 2ND LARGEST TRAVEL AGENCY IN EUROPE

Author(s): Yin Shengnan,Alexandru-Mircea Nedelea / Language(s): English Issue: 2/2019

Thomas Cook is one of the largest tourism industry in Europe and UK. It aims to achieve the top-loved tourism industry, personalised holiday experiences, delivering inspiring for all its customers. It offers multiple services related to tourism, like airlines, hotels, cruises, foreign exchange, insurance, holiday packages, and many onestop-shop for all the travel needs. Thomas cook is built by Multidivisional Structure, it separate division on the 3 parts: products, service or geographical destination. In order to compete in high growth market, it is an excellent opportunity for Thomas Cook to penetrate their services in a global area, especially in China.

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THE IMPACT OF BILLBOARD ADVERTISING ON CONSUMER BUYING BEHAVIOUR

Author(s): Jusuf Zeqiri,Sadudin Ibraimi,Rasim Zuferi / Language(s): English Issue: 2/2019

Billboard advertising is an outdoor advertising used by companies in open areas where a high traffic is found, exposed to passing pedestrians and drivers. Billboards are very visible in selected market segments which is expected to have its communicative effect on consumers. The study tries to find out the effect of billboard advertisements on consumer buying behavior. It also sees factors like, lay out, size, visual appeal, texts, etc., that play an important role in consumer buying behavior. The study uses secondary and primary data. The secondary data is collected from literature review, whereas the primary data is collected through a structured questionnaire with the Likert Scale (1 denoting consumer’s “completely disagreed” position, and “5 denoting completely agreed” position, with 3 being a neutral position. The collected data is analyzed using the SPSS statistical software. The results of the analysis show that consumers agree that billboard advertising is important and has an impact on consumer purchase decisions. So, the study offers some insights for companies in order to use them in their outdoor advertisements.

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CONSEQUENCES OF CRM CAPABILITIES DIMENSIONS ON CUSTOMER SATISFACTION AND MARKET EFFECTIVENESS

Author(s): Simona-Mihaela Trif,Daniela-Liliana Tuleu / Language(s): English Issue: 2/2019

In today’s business environment the main challenge for companies is gaining and maintaining a competitive advantage. A potential source of competitive advantage is customer relationship management (CRM) capabilities. The main contribution of this paper is that we proposed and tested a research model that includes one antecedent and two consequences of CRM capabilities dimensions - customer interaction management (CIM) capability, customer relationship upgrading (CRU) capability and customer win-back (CWB) capability. In this study, we use data from a sample of 102 firms acting in B2B and B2C settings in Romania to investigate how customer relationship orientation (CRO) influences the three dimensions of CRM capabilities, and furthermore, how these dimensions determine customer satisfaction and market effectiveness - two performance outcomes. Our results reveal that CRO has a direct effect on these CRM capabilities. Critically, we found that only CIM capability and CWB capability drives customer satisfaction, while market effectiveness is driven by CRU capability. This paper also discusses the implication of this study, presents managerial implications and the limitations of this research, and provides avenues for further research.

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DIGITAL SKILLS, ORGANIZATIONAL BEHAVIOR AND TRANSFORMATION OF HUMAN RESOURCES

Author(s): Oğuz Demir / Language(s): English Issue: 3/2019

In the last twenty years digital technologies started to be used more commonly by companies all around the world and these technologies started to transform all processes of manufacturing and other industries. Considering this transformation process, the objective of this study was to identify the major technological trends and their impact on the organizational behavior referring to the change in the employment trends all over the world in industrial level. In the paper the digitalization and the digital trends are identified, the digital professional skills are analyzed and the trends for organizational behavior are focused. The descriptive study shows us that digitalization is not only transforming the national economies and industries but also has and will have a huge impact on organizational behavior within the enterprises by bringing new skills and expectations to the workplace.

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"GREEN ECONOMY" – A NEW ECONOMIC DIRECTION

Author(s): Natia Surmanidze / Language(s): English Issue: 3/2019

The current environmental condition where we live in is polluted by the harmful toxic fumes of the industrial factories or the means of transportation. The land, water and air polluted from the technical wastes creates great threat to our health and to the one of our future generation. Therefore, it becomes necessary to introduce and to project the business activities and technologies which will reduce the harmful impacts on the environment as much as possible and at the same time will give the capability to use the limited resources effectively. In practice, all the research shows that the samples of the production and consumption are not sustainable in the long run. In case, the entire population of the planet consumes the same resource per capita as the average citizen in the developed country nowadays, the total demand for resources will exceed 4 times the Earth's capabilities. Consequently, it is clear that radical changes to the index and structure of the resources in the long-term should be implemented, which the world's developed and developing economy will use. Otherwise, the repeated and heavier crisis will endanger the sustainability of the global economy, the well-being of the nations and increase the possibility of combating for the resources (including, the possibility of the armed conflict). Another consequence of the unsustainable use of the world resources is the growth of a number of environmental risks, ranging from the global risks such as the climate change, the ozone layer formation, the loss of biodiversity etc. The "green economy" is based on the principle of the equality - including the equality between the generations, which implies that the existing generation should not ignore the needs of the future generations. In other words, the use of the planet resource at such level that will lose the future generation the chance to satisfy the requirements, it is not only unethical but destructive for all humanity. In order to solve the above-mentioned problem, the researches are ongoing to make the long-term sustainable solutions, the success is achieved in the green economy - this is the way that some international organizations have been set as the main goal and the governments supported it.

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OPPORTUNITIES OF HARNESSING ORGANIZATIONAL KNOWLEDGE

Author(s): Ruxandra Bejinaru / Language(s): English Issue: 2/2019

In order for an organization to harness the most out of its knowledge fluxes, informational stocks and data bases it must focus its interest specifically in those areas. Within this paper we point out the idea that understanding knowledge types and knowledge processes may lead to great performance opportunities for the employees and for the organization. We started our debate through emphasizing the role and importance of knowledge both as a historical concept and as a modern tool for practice. Many discussions about knowledge start from their place in a certain hierarchy and continue by emphasizing in turn each of the following levels. We brought to attention some arguments in order to explain how organizations may transform gradually their databases and information stocks into competitive knowledge. Organizational knowledge has different perspectives, forms and meanings depending very much on the context. Understanding the knowledge hierarchy makes it possible to be more effective and avoid errors by knowing exactly which type of knowledge one needs to use. Further we argue that correct identification of knowledge helps to guide these effectively and therefore contributes to the successful achievement of organizational tasks. At this point we present some very meaningful metaphors of knowledge.

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UNDERSTANDING OF CONTRUCT INDICATORS FORMING DIMENSIONS OF BUSINESS STRATEGY AND CUSTOMER RELATIONSHIP MANAGEMENT IN INDUSTRY REVOLUTION 4.0

Author(s): Hafizah Hafizah,Bunga Adity,Hermansyur Hermansyur,Iskandar Muda / Language(s): English Issue: 2/2019

This paper aims to explain various business strategies in customer relationship management in the 4.0 industrial revolution. This study uses a qualitative approach with the research method used as descriptive analytical. The data processing technique used in this study is library research, which is done by reading books and literary journals on Business Strategy, Customer Relations Management, and Industrial Revolution 4.0. This paper is to instill a business strategy in customer relationship management in the 4.0 industrial revolution.

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ANALYZING BUSINESS PERFORMANCE OF SMALL AND MEDIUM ENTERPRISES (SMEs) BASED ON HUMAN CAPITAL, SOCIAL CAPITAL AND COMPETITIVE ADVANTAGE

Author(s): Inneke Qamariah,Yasmin Chairunisa Muchtar / Language(s): English Issue: 2/2019

Small and Medium Enterprises (SMEs) play an essential part in the development of national economy. It also considered as the main source of employment, poverty reduction, improvement in lifestyle and empowerment of low-income groups. In Indonesia SME also has important role, SME acts as the driving force of economic growth and development. Nevertheless, there are various issues to be addressed for SMEs to improve its performance and competitiveness in the hyper dynamic global business. To encounter the rapid changing, SME should possess the intellectual capital as its strategy management to create continuous competitiveness. The aim of this research is to analyze the effect Human Capital (HC) and Social Capital (SC) on Competitive Advantage, and the role of Competitive Advantage (CA) as the mediator of the relationship between Human Capital (HC) and Social Capital (SC) on Business Performance (BP). The result shows only Human Capital significantly affects the Competitive Advantage of SMEs, while Social Capital does not affect the Competitive Advantage of SMEs. Next, both Social Capital and Competitive Advantage significantly affect the Business Advantage of SMEs, meanwhile human capital does not affect the Business Advantage of SMEs. Moreover, competitive advantage does not mediate the relationship between human capital and social capital to business performance.

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THE IMPACT OF EXTERNAL DEBT ON INFLATION RATE IN GEORGIA

Author(s): Keti Tskhadadze / Language(s): English Issue: 2/2019

The purpose of this paper is to analyze the impact of external debt on inflation rate in Georgia. As external debt plays significant role in country’s development it is important to examine the relationship between the levels of external debt and its impact on GDP development and inflation. For analyzing the correlation between the external debt, economic growth and inflation we use the data that goes back to 15 years. We use an empirical investigation in order to see how the effect of external debt on inflation varies with financial market development.

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THE ACCOUNTANCY OF GRANTS IN THE PUBLIC INSTITUTIONS - CASE STUDY ON A ROMANIAN MUNICIPALITY

Author(s): Teodor Hada,Iulia Iuga,Mihai Căruț / Language(s): English Issue: 2/2019

The absorption of the European funds is an aim of the post-accession strategy. The main role is to maintain the variations at the level of economic development of the EU Member States. The present research paper presents several aspects related to the accounting of the activities developed using UE grants. The principle aim of our article is to offer extra information for the understanding of the grant’s accountancy and taxation. The case study presents a project financed through the programme RO10-CORAI (a programme financed through the EAA 2009-2014 Grants and managed by Romanian Social Development Fund) and implemented by a Romanian municipality.

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PECULIARITIES AND ADVANTAGES OF THE COST CALCULATION METHOD ACCORDING TO THE TYPES OF ACTIVITIES

Author(s): Merab Jikia / Language(s): English Issue: 2/2019

The method of calculating costs according to the types of activities ensures calculating the cost of unit of production more accurately. Based on that, we can improve determination of the product selling price and realization strategy, as well as effectiveness of management and quality of the decision made. - When applying this approach, it is better evident what overhead costs are spent for; - The approach of calculating cost according to the types of activities recognizes that production overhead costs are not related only to the volume of production and selling; - For many companies, production overhead costs represent a significant part of total costs. Therefore, for managing the business properly the management needs the information about what overhead costs are paid for. Control over production overhead costs can be exercised by managing and controlling of cost-driver; - Using this approach in a complex business environment allows us to determine actual costs on the product; - Calculation of costs according to the types of activities can be used not only when distributing production overhead costs but in case of distributing all types of overhead costs.

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