Since the development of Web 2.0 (or social media) sites such as Facebook, Twitter, Blogger, and various forums and communities, online users from all over the world have been exposed to a completely new means of information sharing: electronic word of mouth (e-WOM). Due to the fact that it is a recent research phenomenon, its definition is difficult to be phrased and similar to traditional word-of-mouth, the theoretical framework of e-WOM is not very clear. This complex concept is linked to viral marketing, user generated content, stealth marketing, opinion sharing, decision making and other aspects. Considering the multiple areas that e-WOM has an influence on, this article presents an overview of what has been researched with respect to this subject. Using the findings of this paper, it may be possible to set up the base of a conceptual model to measure electronic word of mouth.
- Type: Review Article
- Published on: 1st June 2017
- Keywords: Electronic word of mouth (e-WOM, eWOM), Traditional word of mouth (WOM), Social media, Buying decision making, Online networking
- Received: 25th April, 2017
- Final revision and acceptance: 27th May, 2017
The employees of a company often want to make themselves useful and to make life easier at work by providing potentially useful ideas, aimed at eliminating problems or to exploit the opportunities. Without the ability to obtain new ideas, an organization stagnates, declines and eventually is eliminated by the competitors who have new ideas. To materialize the idea into an innovative product, it is desirable that it corresponds to the company's goals to be achieved with the existing technology and resources in order to reduce the investments. Thus, it appeared the need for an idea management to bring order in the set of ideas and to create a transparent and effective mode in attracting and management of these ideas. This paper proposes, starting from a number of scientific approaches in the literature, to address to the idea management as a complex model and to identify which are those dedicated IT solutions that could help going over various phases and sub-phases of such a complex model, particularly useful for the management of a company.
- Type: Perspective, Opinion and Commentary
- Published on: 1st June 2017
- Keywords: Idea management, Innovation process, Idea management software
- Received: 25th April, 2017
- Final revision and acceptance: 27th May, 2017
One of the most important challenges the European Union was facing at the beginning of the 21st century was to balance economic development with the improvement of quality of its citizens life. A new approach for assessing the quality of life using the ten-degree global scale is revealed in this article. The aptness of this approach to exploring the social area and determining the quality of life of people in different countries and regions are also discussed. There are being examined some practical aspects of setting up an expert system for social area.The article describes the implementation of such a system for evaluating the quality of life – QLIFEX. The expert system is an innovative research project based entirely on qualitative methods, which aims at helping in understanding of how in an era of great changes residents from different countries live and work in diverse economic organizations, and how they would rate their work and life.
- Type: Original Research
- Published on: 1st June 2017
- Keywords: Expert systems, Quality data, Quality of life, Social area
- Received: 25th April, 2017
- Final revision and acceptance: 27th May, 2017
The inflation is considered an important economic phenomenon that adversely affects the economy of a state. The purpose of this study is to highlight the significant statistical connections between the inflation rate and the main macroeconomic variables influencing the inflationary phenomenon (money supply, the monthly net average nominal wage, exchange rate, reference interest rate), depending on the monetary policy strategy adopted by the National Bank of Romania. The research is conducted using monthly data for the period June 1997 – December 2013, with the explorative method of Principal Components Analysis. The results indicate the fact that for the period June 1997 – July 2005, the inflation rate is strongly correlated with the growth rate of monthly net average nominal wage, while for the period after the adoption of the direct targeting regime in August 2005, it is observed a strong link between the inflation rate and the reference interest rate.
- Type: Case Study
- Published on: 1st June 2017
- Keywords: Principal component analysis, Inflation rate, Reference interest rate, Price stability
- Received: 25th April, 2017
- Final revision and acceptance: 27th May, 2017
The efforts focused on organizational performance differential attempt to typify the firms’ portfolio of competence enables their propensity to dominate and seek continuity in the competitive environment. Seeing that modeling the knowledge resource allocation is merely necessary, not sufficient, we advance some relevant solutions to capture valuable target markets through adjusting strategic intelligence capabilities, based on the valorization of Strategic Intelligence organizational profiling. We underline that knowledge capitalization on collaborative innovation accelerates the capture of valuable target segments and the firms’ capabilities to enable this performance differentiator is reliant upon adjusting strategic intelligence instruments. The Intelligence Provider and Opportunistic Captor profiles of the Strategic Intelligence perspective, enabling the emergence of collaborative innovation networks will stimulate the foresight capability of software firms, through assessing their propensity to exploit the benefits of collaborative innovation and perform simulations in order to attenuate the profile specific competence gap.
- Type: Review Article
- Published on: 1st June 2017
- Keywords: Strategic Intelligence, Collaborative innovation, Intelligence Provider, Opportunistic Captor
- Received: 25th April, 2017
- Final revision and acceptance: 27th May, 2017
Business intelligence and knowledge management seems to gain the attention of the society regarding the benefits that brings to it when this two domains are considered as a whole. The advantage of using business intelligence in order to take decisions and bring innovation to the business, are convincing more and more entrepreneurs to implement this solution. The challenge in managing and using the knowledge that the business intelligence offers to the business, comes with the integration of the information with state administrative structures datas that have to be available to business clusters in order to improve their decisional process. In our paper, we demonstrate the benefits of using business intelligence in Romanian state administrative structures underlying the way that this adoption would support the activity of innovative and creative clusters.
- Type: Case Study
- Published on: 1st June 2017
- Keywords: Business Intelligence, Knowledge management, Innovation, Clusters
- Received: 25th April, 2017
- Final revision and acceptance: 27th May, 2017
When we have health problems, we become ”consumers” of resources (financial, material, affective and so on), and personal autonomy is losing ground to dependence on others (family, friends, doctors, health system, society in general), so that, our problem can become a problem of the society which, despite its good intentions may not be able to provide the necessary support”here and now”. In order to prevent, eliminate or at least improve the causes that gave rise to the various health problems, we first need to know them. Heredity, environment and education are factors often invoked in explaining the processes and phenomena underlying at our wellbeing, indisputable thing in fact, but which of them have a higher share in the evolution of our health state, and how do they do it ? Thus, the paper aims to highlight the possible determinants of the population’s health state in general, and of the individual’s especially from the medical/health geaography point of view.
- Type: Case Study
- Published on: 1st June 2017
- Keywords: Health state, Physical determinants, Anthropogenic determinants, Medical geography, Health geography
- Received: 25th April, 2017
- Final revision and acceptance: 27th May, 2017
Concept maps, viewed as an innovative method for learning and evolution, are used to synthesize the knowledge of the participants to the learning process and are based on the main concepts and the relationship between them. They offer a visual representation of the information held by an individual, caught through his ability to synthesize the notions/the key concepts. The current study intends to show the importance and efficiency of using the concept maps in economics, especially in the accounting department, a method designed to settle the learning process and, also, to offer a sustainable value. The current empirical study is based on the manner in which the accounting knowledge is displayed by a sample group of 19 practitioners. The originality, the relevance of the concept maps method is underlined by the idea of the practitioners creating their own concept maps designed to point out the importance of the cognitive structure when describing the relationships between different accounting principles.
- Type: Case Study
- Published on: 1st June 2017
- Keywords: Concept maps, True and fair value, Creative accounting
- Received: 25th April, 2017
- Final revision and acceptance: 27th May, 2017
In an era of knowledge are many aspects to operating a successful business, things like hard work and perseverance are fairly obvious but other less tangible resources like creativity and innovation are also paramount to the long-term success of most modern organizations. Over the last few years many companies have begun looking beyond the traditional idea of what makes a company innovative and have started to explore a kind of mix and match approach to applying various creative methodologies within their organizations in the attempt to inspire innovation.The aim of the paper is is twofold. Firstly is presents a new evaluation model of innovation capital. Secondly, the proposed model is tested and validated in a company. This model helps managers to focus their attention on the increase of the value of innovation–related intangibles assets.
- Type: Case Study
- Published on: 1st June 2017
- Keywords: Innovation Capital, Evalution, Model, Intangibles assets
- Received: 25th April, 2017
- Final revision and acceptance: 27th May, 2017
The level of perceived risk is acknowledged to determine the innovation adoption decision. Yet, despite being largely studied in a manifold of disciplines, we still have a poor understanding of its formation from a marketing perspective. This paper offers valuable insight on how perceived risk and risk aversion evolve under different conditions and how the influence on adoption decision is made. We perform two focus groups and 10 in-depth interviews that enable us to build several counterintuitive paths that refute previous findings. Implications for management and science are discussed and a new theory is proposed.
- Type: Case Study
- Published on: 1st June 2017
- Keywords: Innovation adoption, Perceived risk, Risk aversion
- Received: 25th April, 2017
- Final revision and acceptance: 27th May, 2017
Today organizations are becoming increasingly more aware of the importance of knowledge, as a consequence due to the changing environment and the ongoing process of globalization. Knowledge is the most valuable asset that an organization can have, because it is through him that opens horizons and make your way. Companies using knowledge as a key resource (the raw material from which the financial results are obtained arises and develops) are considered successful companies. The aim of the paper is to to see the impact of relational capital on competitiveness of the organization of SMEs that operating in the field of constructions. Considering this, it was developed a case study that utilises a pragmatic and unique, holistic and exploratory approach.
- Type: Case Study
- Published on: 1st June 2017
- Keywords: Relational Capital, Intangible resources , Knowledge, Competitiveness
- Received: 25th April, 2017
- Final revision and acceptance: 27th May, 2017
This study have exploratory character, aiming to conduct an analysis of the terminology used in the ecomarketing, and the way to approach green- marketing and waste collection activities in Romania. Aside from ecological waste management process and we consider the economic component of sustainable development, supported component of the legal aspects related to the subject. In other words, in this paper we intend to analyze in terms of terminology, legal and environmental policies but the most important aspects of waste management in companies in Romania. The importance of the study is on both the analysis corroborated information relating to waste collection in Romania, and the SWOT analysis performed on the present situation in Romania.
- Type: Case Study
- Published on: 1st June 2017
- Keywords: Green marketing, Waste management, Enviroment policy
- Received: 25th April, 2017
- Final revision and acceptance: 27th May, 2017
The present study addresses the manners in which potential consumers react to and examine online marketing communication efforts, and how their perceptions influence various decisions. By drawing from theories of consumer behaviour, several variables are taken into consideration, a model designed to integrate existing theories and a three-way study of online user behaviour in response to online marketing messages is defined and tested. The results of the study demonstrate that there are direct and positive links between the manner in which users perceive online marketing communication efforts, and direct and positive links between users’ attitudes towards online communication and their intention to either further inform themselves, forward the information obtained, or even become loyal to the company.
- Type: Case Study
- Published on: 1st June 2017
- Keywords: Online Communication, Consumer Behaviour, Consumer Perceptions
- Received: 25th April, 2017
- Final revision and acceptance: 27th May, 2017
The past decades brought new meanings to creativity as the decline of mass tourism created impetus for the emergence of creative behavior as a major source of competitive advantage in the tourism industry. This led, in turn, to the development of a new type of tourism – creative tourism – which translates into new products and services, new collaboration and partnership structures, new forms of organization and ultimately into new experiences for consumers of tourism services. However, there is still no consensus on how creativity manifests itself in tourism and how it can be encouraged in order to generate value-added for the customers. To this aim, a qualitative research was carried out, based on a structured interview applied to managers of tourism operators from various segments of the tourism value chain. Results reveal the differences in approach to encourage creativity among employees, bring value-added to the customers through creative services, and build a culture based on creative behavior and practices.
- Type: Case Study
- Published on: 1st June 2017
- Keywords: Creativity, Tourism, Employees
- Received: 25th April, 2017
- Final revision and acceptance: 27th May, 2017
Time management is one of the resources by which we can achieve improved performance innovation. This perspective of resource management and process efficiency by reducing the timing of incubation of ideas, selecting profitable innovations and turning them into added value relates to that absolute time, a time specific to human existence. In this article I will try to prove that the main way to obtain high performance through inter-organizational innovation can be achieved by manipulating the context and manipulating knowledge outside the arbitrary concept for “time”. This article presents the results of the research suggesting a sequential analysis and evaluation model of the performance through a rational and refined process of selection of the performance indicators, aiming at providing the shortest and most relevant list of criteria.
- Type: Original Research
- Published on: 1st June 2017
- Keywords: Performance innovation, Evaluation model, Instruments, Creative ideas
- Received: 25th April, 2017
- Final revision and acceptance: 27th May, 2017
The evolution of the world is constantly taking place and different regions or countries are becoming more and more interlinked. The financial integration between the most important economies of the world has enhanced and together with the positive attributes, the vulnerabilities and risks associated in one country can have negative repercussions into some other. These get transmitted via the gross capital flow and can have devastating effects for some regions. Therefore, it is worth taking into account the creation of a financial globalization index in order to measure the level of financial integration that the world or particular groups of countries have reached and also to study the patterns for the last decades.
- Type: Review Article
- Published on: 1st June 2017
- Keywords: Financial crisis, Financial globalization index, Global imbalances, Financial integration, Financial statements
- Received: 25th April, 2017
- Final revision and acceptance: 27th May, 2017
Given the access of an increasingly higher number of individuals to virtual learning networks, the issue of creativity management becomes extremely important, especially for schools and universities. In the specialized literature, participating in virtual learning communities has several advantages, including: permanent access to information, high educational performance and increased creativity, and also better-developed professional identity (North and Kumta, 2014; Boulay and van Raalte, 2014). In the Romanian literature, there are few studies that aim directly at the relationship between the participation in virtual learning networks and creativity and innovation management models, especially in higher education institutions. This paper aims to study the ways in which creativity and innovation management models can be used in virtual learning networks in order to achieve better productivity at both individual and organizational levels, taking into account several best practices from this field and their possible implementation in Romanian educational institutions.
- Type: Review Article
- Published on: 1st June 2017
- Keywords: Creativity models, Knowledge management, Virtual learning communities, Educational Productivity, Collaborative learning
- Received: 25th April, 2017
- Final revision and acceptance: 27th May, 2017
The financial system is vitally important for the real economy, contributing decisively to economic activities. The paper aims to examine the features of the financial system of Central and Eastern European countries (Bulgaria, Czech Republic, Hungary, Latvia, Lithuania, Poland, and Romania), the major imbalances accumulated during the period preceding the onset of the current global economic crisis and the measures taken by monetary and financial authorities to ensure the continuity of European financial integration. Moreover, in this paper an empirical analysis was developed, investigating the major implications of the crisis on the financial soundness indicators perceived in the selected countries, in the period 2008-2013. The analysis conducted in this paper suggests that the financial system is characterized by a high sensitivity, being subjected to pressures from the international financial turmoil, observing the increasing tendency of current risks.
- Type: Case Study
- Published on: 1st June 2017
- Keywords: New EU member countries, Financial crisis, Financial soundness indicators, European integration
- Received: 25th April, 2017
- Final revision and acceptance: 27th May, 2017
The close and direct interaction within tribal societies gave rise to a “mechanical” solidarity or, in other words, a solidarity based on similarities (precontractual solidarity). Direct and constant supervision of individuals in the small groups determined the internalization of norms, given that the social changes were very slow. With the increasing number of individuals and of "dynamic density", a new form of solidarity arouse: the organic solidarity or a solidarity based on differentiation. The communities became weaker and weaker and the dynamic of social life has increased so much that people have no longer the necessary time to internalize the changes. Consequently, these changes remain more or less external to our own subjectivity. Under these circumstances, creativity is not only a solution for economic growth but also a reservoir for possible better worlds.
- Type: Review Article
- Published on: 1st June 2017
- Keywords: Forms of sociality, Adaptation, Creativity
- Received: 25th April, 2017
- Final revision and acceptance: 27th May, 2017
In a society constantly evolving, with information technologies being in a permanent transformation, the managers of agile, flexible organizations, which are equipped with the latest tools for making decisions and with people well trained to use them, will be able to successfully meet the challenges of the future. This paper presents the evolution of Business Intelligence and a comparative analysis between two modern developments of it, such as Mobile Business Intelligence and Cloud Business Intelligence, with accent on the advantages, disadvantages, implications and benefits at the company level. These are useful tools suitable for the management of the companies that are obliged to operate in a global economy facing with crisis.
- Type: Review Article
- Published on: 1st June 2017
- Keywords: Business Intelligence, Cloud Computing, Mobile Business Intelligence, Cloud Business Intelligence
- Received: 25th April, 2017
- Final revision and acceptance: 27th May, 2017
The implementation of the management strategy for increasing the competitiveness of modern organizations is more effective if it is correlated with the organizational communication strategy. Team communication of an organization must be an agile one, its agility depending decisively on the way it was constituted, the assigned role for each team member, the statuses etc. A valuation of all skills and abilities of each member of the communication team is therefore required to harmonize and integrate the team into the overall structure of the company. The objective of the paper is to identify the extent to which the formal role of each team member is the same (almost the same) with the role determined by applying the Belbin test. The results of the research are prerequisites for development of measures for individual professional development and integration /reintegration of team members in order to increase agility.
- Type: Case Study
- Published on: 1st June 2017
- Keywords: test Belbin, team, organizational communication
- Received: 25th April, 2017
- Final revision and acceptance: 27th May, 2017
During their everyday activities, the economic operators conclude a multitude of agreements in tacit or written form, such as: contracts or conventions. Some of these arrangements are absolutely necessary for the development of their current activities. These are agreements which, by respecting the rules of competition, are able to bring benefits to consumers and to the entire economy, as a whole. On the other hand, the economic operators often conclude agreements which are harmful to the economy as well as to the consumers, violating the competition rules. Some examples in this respect are: operators’ agreements on price fixing, on market or customers sharing. Before investigating the violation of competition rules, the relevant authorities should identify the possibility of the existence of such illegalities. The theoretical models for detecting the cartels do represent a proactive tool concerning the antitrust activity of competition authorities. The present paper furnishes a review of the methods for detecting cartels as well as a part of their practical application.
- Type: Review Article
- Published on: 1st June 2017
- Keywords: Cartel detection, Cartel screening, Economic screening, Structural screening, Anticompetitive agreements, Competition law
- Received: 25th April, 2017
- Final revision and acceptance: 27th May, 2017
This paper exposes Supply Chain Management by its key factors. Briefly, where the Supply Chain Management is treated as strategic part of a company then maintaining both control and influence throughout the entire supply chain are key factors and critical to success. On the other hand, finding the right partner to manage the non-strategic Supply Chains would be another key factor too. To define the most important key factors within Supply Chain Management means a deeply understanding of both Supply Chain’ s components, procedures, workflow, processes and the importance of Supply Chain Management into maximizing company's value. SCORE model able to provide solid information about measuring performance and identifying priorities within Supply Chain Management will help us to understand the key factors by analyzing its elements: Plan, Source, Make, Deliver,Return, Enable. These elements covers all the challenging areas from first to third tier of Supply Chain Management.
- Type: Perspective, Opinion and Commentary
- Published on: 1st June 2017
- Keywords: communication, commitment,compensation,synchronisation
- Received: 25th April, 2017
- Final revision and acceptance: 27th May, 2017
The essay is dedicated to the development of better understanding of the main goals of employee performance evaluation as an indispensable component of managing employees in modern organizations. It is suggested that most employers traditionally use a great number of appraisal methods to assess their employee performance. Traditional methods base their findings on the personality qualities of an individual like creativity, responsibility and leadership. Unlike them, the modern methods widely used in different companies, laid more stress on the employee evaluation work results. Finally, it is concluded that employee performance evaluation is the most burning problem faced by employers in today’s fast-moving business environment. That is why it is very important to understand the main organization’s tasks to select the right employee evaluation.
- Type: Review Article
- Published on: 1st June 2017
- Keywords: Assessment centre method, Employee evaluation, Employee performance, The 360 degree appraisal
- Received: 25th April, 2017
- Final revision and acceptance: 27th May, 2017
Information technology is essential nowadays for all companies. Small enterprises are an important part of the economy and this article aims at providing some useful insight in implementing modern IT projects to their benefit. Due to the limited funding available for the IT infrastructure in most start-ups and small businesses, the projects should be adapted to fulfill the needs of the company for the lowest cost. The paper will start by defining small and medium project management theory and outlining the target of the study, small and medium sized companies. Next it will show a number of case studies of IT projects implemented in different types of small companies in Romania. Based on these implementations the article will draw some conclusions relevant to most small companies which need to design or improve their IT infrastructure.
- Type: Case Study
- Published on: 1st June 2017
- Keywords: Small and Medium projects, Small and Medium enterprises, modern technology, cloud computing.
- Received: 25th April, 2017
- Final revision and acceptance: 27th May, 2017
The accounting regulations, the guidelines for their application and other articles by accounting specialists argue that inventions created internally are not recognized as intangible assets. Only assets acquired separately can be measured reliably, based on the document justifying the purchase transaction. Other specialised papers show that it is difficult to establish the existence of this intangible asset and its credible cost. That is, it can give or calculate a value of the invention only if it can show the acceptable cost of achieving it. But all these works argue that the protection of inventions is profitable if it is the basis of a new business, if it promotes or protects the current activity. However, these papers elude - because it is uncomfortable - the situation where an invention created internally has a value only because it forecloses the market. It is curious that an invention has accounting value only when traded.
- Type: Perspective, Opinion and Commentary
- Published on: 1st June 2017
- Keywords: Intangible Assets, Intangible Assets Evaluation, Blockage invention, Claim, Patents Licencing
- Received: 25th April, 2017
- Final revision and acceptance: 27th May, 2017
The aim of this research is to analyze the relation between modified audit opinion and abnormal accruals in the case of listed Romanian entities. In order to investigate the influence of auditor`s opinion on earnings management, a multiple regression was designed. The final sample, after eliminating the financial institutions due to homogeneity considerations, consists of 61 companies listed on Bucharest Stock Exchange – tier I, II and III- through a period of five years, from 2008 until 2012. The dependent variable of the regression which measures the discretionary accruals is represented by abnormal accruals, while the independent variables, namely audit opinion, audit firm size, firm size and current ratio of liquidity, constitute the explanatory variables of the regression which aims to capture properly the impact of auditor`s opinion on reducing earnings management in order to improve the quality of financial reporting process. This research contributes to the existent literature in several ways. First of all, at this point, it is the first article that tackles the issue of auditor`s opinion impact on earnings management in Romania. Second, the results of this study might influence the academic environment by contributing to a better understanding of the theoretical implications that can be adapted into an improved practice for the Romanian listed entities.
- Type: Case Study
- Published on: 1st June 2017
- Keywords: Audit, Financial reporting, Earnings management, Romania
- Received: 25th April, 2017
- Final revision and acceptance: 27th May, 2017
The aim of this research paper is to analyze in what way Corporate Social Responsibility (CSR) is capable of enhancing corporate reputation. In the past companies often thought to business and society as being in opposition, but in these days external pressure for CSR continues to grow and numerous organizations monitor, rank, and report social performance. Sometimes the legal, business and reputation risks are great for companies engaging in practices deemed unacceptable. Socially responsible behaviors can increase a company's value in that they can increase the degree of confidence of the various stakeholders and the level of reputation. The research is based on the theoretical framework that supports a thesis of their positive relationship. In the paper the Italian companies with the best CSR reputations are analyzed.
- Type: Review Article
- Published on: 1st June 2017
- Keywords: CSR, Reputation, Behaviors
- Received: 25th April, 2017
- Final revision and acceptance: 27th May, 2017
Integrated Reporting has lately shown a great amount of interest for the business community, as it can offer a greater information value to all types of users. Thus, creating a proper framework for this type of reporting has been a top priority for the regulating bodies, with significant input from other interested parties. This paper aims to analyze the comments submitted to the Consultation Draft and to determine which questions gained more focus. Moreover, through this paper, we intend to reveal which types of respondents were more interested in discussing the Framework and to split them into several groups of interest. Finally, the main goal of the paper is to provide an overview on the discussions leading to the Framework’s final form and to determine how the comment letters can provide further perspectives on the implementation of Integrated Reporting.
- Type: Review Article
- Published on: 1st June 2017
- Keywords: Integrated Reporting Framework, Disclosure, Comment Letters, Reporting Methodology
- Received: 25th April, 2017
- Final revision and acceptance: 27th May, 2017
The interpretation of information in collaborative structure is achieved through the existence of a common context. One element that we propose in this article is the "commercial filter" as an essential factor that can support a research of a collaborative innovation process. Researchers approach until now points out in structuring the collaborative networks the economic organizations as main initiators and participants. Organizations will shape the structure and process of creating and utilizing innovations in terms of their purpose: to achieve economic results related to profitability, outcomes necessary for shareholders remuneration. In addition, this perspective of "commercial filter" allows to be selected and used only those innovations that will be considered profitable by the organizations involved in collaboration.
- Type: Original Research
- Published on: 1st June 2017
- Keywords: Commercial filter, Diversity, Generation, Knowledge
- Received: 25th April, 2017
- Final revision and acceptance: 27th May, 2017
The crossborder areas have no constitutional competences, therefore most of the times they are not part of the decision making process in the agreements in cross-border relationships. Although the states are the ones to decide the policies and the agreements based on their own legal rules, considering the shape of the new European Union, they should more and more accept the conditionality of a regional overstate structure linked only to some geographical parts of the countries. The present paper proposes a theoretical and intuitive frame for assessing the cross-border areas based on the factors that are influencing it, starting from a listing of them, secondly grouping them in separating and uniting, then finding the significant differences. The matrix of factors can be used for conflict resolution or for development of cross-border areas as long as it shows the points that will be a potential obstacle or a source for cooperation.
- Type: Case Study
- Published on: 1st June 2017
- Keywords: Cross-border, Cooperation, Conflict resolution, Development
- Received: 25th April, 2017
- Final revision and acceptance: 27th May, 2017
Due to globalization new media strongly impacts organizations and management approaches. Access to social media platforms, open source movement, online collaboration, rapid communication and increasing power of consumers push hierarchical organization towards flexibility and adaptability. New media offers a wide range of channels for information on competitors, for brand promotion and to new markets. But competitors have also access to the same instruments. Globalization in terms of communication on collaborative platforms, determines organizations to adopt cross-cultural and cross-organizational approaches to ensure sending the right message to the right market at the right time. Maintaining organization globally competitive implies top human resources with a trans-disciplinary background and knowledge of using the new media infrastructure sustained by a right organizational structure. This paper aims at demonstrating, with some examples too, how new media is leading decision making process to a new level for protecting organization’s image setting new norms and principles for organization and people in order to achieve best results.
- Type: Case Study
- Published on: 1st June 2017
- Keywords: new media, organizational structure, cross-cultural, cross-organizational, human resources knowledges, competitive intelligence
- Received: 25th April, 2017
- Final revision and acceptance: 27th May, 2017
Today’s organization increasingly utilizes all kind of teams in order to surpass their competitors through flexibility, adaptability and innovation, features which are seen to characterize the teams. For this purpose, the concept of synergy in teams’ activity is often mentioned as the prime reason for which collective work is considered to be superior comparative with individual work. But what exactly does it mean? The present paper aims to shed some light on the concept of synergy in work teams and its positive effects, namely, the social consequences of collective work such as social compensation, social indispensability, social comparison, social identity, but also its negative effects, such as free-riding, social loafing and sucker effect. These are important group phenomena that managers should be aware of because they have a major impact on team performance, and consequently, on organization performance.
- Type: Review Article
- Published on: 1st June 2017
- Keywords: Work team, Synergy, Positive and negative effects of synergy, Group phenomena
- Received: 25th April, 2017
- Final revision and acceptance: 27th May, 2017
