Bucharest, Romania

Artifex University of Bucharest

www.artifex.org.ro
Bucharest, Romania

Time filter

Source Type

Marinescu R.T.,Artifex University of Bucharest
Metalurgia International | Year: 2012

The foreign trade is influenced by a complex system of factors. The analysis of the foreign trade reveals significant information on the level of the economy, because the development of foreign relations is an indicator of economical performance. As the economy and decision-makers encourage the efficient production of goods for which international demand is attractive, and the results of the supporting measures begin to be visible, the openness towards foreign market is a valuable achievement. However, the global economic changes must be carefully observed, as any modification, evolution, update can affect the presence of a country on the international arena. There are likewise factors that can speed up the exports and conjectures that can lead to a slight or abrupt decrease of performance indicators. These are some of the reasons for which the article describes relevant methods for the analysis of the foreign trade. The ability to evaluate the evolution of the main indicators of the foreign trade, to ascertain the amount of influence each factor brings on their dynamics is a key concept for attempting corrective measures to cope with these effects. Statistics and econometrics are supporting sciences that provide economic analysts with the appropriate instruments meant to perform such evaluations. Both the simple and multiple regression, methods recognized for their efficiency, can be used to describe the correlations between the measures considered as key performance indicators and the associate measures that act as factors of influence.


Diaconu A.,Artifex University of Bucharest
Metalurgia International | Year: 2012

The stochastic simulation based on the Monte Carlo technique is used when a deterministic problem is associated with a random (probabilistic) model and by generating some random variables, functionally related to the solution, experiences on the model are made and information regarding the solution of the deterministic problem are provided. The Monte Carlo method is the base for stochastic processes generating or point search inside a domain procedures. It is a component of simulation. Based on the results achieved through Monte Carlo method, inside the simulation program, various evaluations and hierarchies are achieved, which allow the foundation of the economic decision. The essence of the method consists in the experimental achievement of an event, whose probability is expressed by the number __ and the approximate estimation of that probability. The "Monte Carlo method" term is actually synonym to the statistical experimentation method. The method can also be defined as the methoπ d of random variables modeling, in order to calculate the characteristics of their repartition. Initially, the Monte Carlo method was mainly applied in solving the problems of neutron physics, as the traditional numerical methods were no longer useful, later it was expanded for a wide class of static physics problems. Subsequently, the method prove to be especially useful in solving some economic problems at the level of companies, when, due to the complexity of the situation, analytical methods become inoperative. The Monte Carlo method is based on some conclusions drawn from the limit theorems of the probabilities theory.


Marinescu R.T.,Artifex University of Bucharest
Metalurgia International | Year: 2012

This article offers a complex analysis of the budgetary execution process at the level of the Romanian economy. The analysis outlines important correlations and processes that were experienced by the economic environment and emphasizes relevant aspects that decision factors at macroeconomic level must pay attention to. The results of the analysis are reinforced by the fact that all types of budget are approached; furthermore the public debt is studied in a comprehensive manner. It must be noted that the research keeps a constant watch on the real and possible future effects on the living conditions of the population. The political measures and indicators studied do affect the population, or the welfare of people must be one of the key objectives of national economic policies. Macroeconomic analysis always puts a key focus on the situation reflected by the budgets of a national economy, as the budgets describe the monetary status of the country. Also, the budgetary execution reveals the modality in which available resources have been allocated for the achievement of the objectives assumed or planned. The quantitative study of the budgetary execution can describe the viability of previous budget design, it can validate or invalidate the assumptions made at that earlier stage. Likely important, apart from demonstrating the correctness of the budget provisions, the execution has important information and knowledge to offer about the impact of unexpected, random events that impact on the evolution of the economical and social environment. The rectification is an instrument that allows the government to deal with these events, but the measure and structure of the rectification can be used to describe the effects sustained in the economic-social context.


Ghena C.,Artifex University of Bucharest
Metalurgia International | Year: 2012

Human Resources or Personnel management represents a set of general and specific activities, aimed to assure, maintain and use efficiently the staff of the economic agents (public utilities, banks, insurance companies etc). Competitive human resource management is essential for the success of any organization. The companies are looking out to find an effective manager of human resources, who must possess a number of qualities: be persistent in pursuing enforcement of decisions, patient and sympathetic to the views of others, to be good negotiator, have a sense of humor.HR function includes all activities aimed at human factors, with the following objectives: conception, design, optimal use, maintenance, human social development.


Mecu D.G.,Artifex University of Bucharest
Metalurgia International | Year: 2013

This paper is focused on analyzing, from the practical viewpoint, of international negotiations, of situations in which two or more parties recognize the differences of interests and different values between them and in which way they want to reach a compromise agreement during, dispute, compromise, flexibility, art.


Mecu D.G.,Artifex University of Bucharest
Metalurgia International | Year: 2013

By the appearance on the world map, during the post-war period, of some new independent states, the number of countries participating to the solving of international economical and political problems increased continuously. This process is illustrated also by the increase of the number of United Nations (UN) member states, of countries participating at the sessions of the United Nations Conference for Trade and Development (UNCTAD) and of contract parties of the General Agreement for Tariffs and Trade (GATT/WTO).


Mecu D.G.,Artifex University of Bucharest
Metalurgia International | Year: 2013

We consider the case in which the two negotiators must find the value of a continuous variable (money), which they can mutually modify. A negotiator wants a greater value - the more, the better - while the other a smaller value - the lesser, the better. We can label them as "high aspirant" and "low aspirant", but for our purpose, buyer and seller is enough.To simplify the problem, we shall consider that they are monolithic and that they must not submit their agreement for ratification. Let's consider that the negotiators are strictly interested in business, its connection with similar problems being minimal or non-existent. Time is a problem. We will try at the start to ignore the time, we shall retain it only as information.


Mecu D.G.,Artifex University of Bucharest
Metalurgia International | Year: 2013

Companies engage often into negotiation issues in which the price is the entire company. A certain company (the buyer) can wish to incorporate another company (the seller) for a given price. We shall look at a controlled experiment, in which a group of experienced executive, all having identical information, but with significantly different reserve prices, sit down and negotiate.


Lilea F.P.C.,Artifex University of Bucharest
Metalurgia International | Year: 2013

Authors analyze from a statistical point of view the tourism activity using both simple methods (interdependent series method, graphic method) and analytical evaluation method of the links between variables (correlation and regression). They are presented and quantified such as, the existent links between GDP index and the civil population weight occupied in tourism, from the sum of occupied civil population also from the tourist number, real income gaining index and the number of cars. In the last part of this project the high-season tourist activity is presented.


Udrescu M.,Artifex University of Bucharest
Metalurgia International | Year: 2012

The selling trends with traditional stimulating Methods Are Not anymore. There are two different directions. The first one is related to consumer behavior. There are everyday Many Customers Who Do Not Want to watch the advertisements anymore on TV Which Could convince Them to buy things. On the contrary, people like so much socializing on the Internet, through action Which they find out what they have Interested in. The second direction That Comes from the fact the television advertisement is expensive and note only that. Coming with the undertakers for this year's offer would have real informational sites or catalogs for Their Own shop windows offerts dimensional. The Internet Marketing Specialists have observed That the undertakers concentrated on selling the products on the internet Taking no notice of face to face relations with customers. In Their potential for the fact the site is Useful if they CAN Customers easily find what they need. There have some criteria through Which the Customers know if the site is Certain Interested in Selling to them or those by trying to delude the common information DESCRIBE that company products in the Lack of Empathy Manner: the way of distribution and the level of the direct access to the certain site. Building a website May thinking of the company needs discontent when they can not find the Customers what they have looking for easily. The site points based on the target market take account of May: Learning the Manner and Means of communication the customer the HAS access easily, building personalized webpage's, pictures and photos Including That May review the subject, using interactive instruments, stimulating the feedback and socializing etc. activities.

Loading Artifex University of Bucharest collaborators
Loading Artifex University of Bucharest collaborators