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Subject: SOCIAL SCIENCES: Section Economics and Financeclear all
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DEVELOPMENT OF DENTAL TOURISM IN TIMISOARA, ROMANIA

(STEF92 Technology, 2014, C. Sava)

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The diversity of types and forms of tourism is supported by tourist resources and especially by tourists' motivation. Currently, the medical tourism is experiencing the greatest development, especially at European level, but not only. The main elements to support this form of tourism are the natural factors of treatment, pricing, results, equipment and technics, and the reputation of certain doctors. The development of medical tourism can be done in spas or through high quality health services. Dental tourism fall...

SOCIAL SCIENCES: Section Economics and Finance2014
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FACTOR ANALYSIS IN TOURISM DEVELOPMENT

(STEF92 Technology, 2014, N. Gabdrakhmanov, M. Roshko)

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Holding the XXVIIth World Summer Universiade in Kazan in 2013, the decision to hold the World Aquatics Championships in 2015, the football World Cup in 2018 raised an event attraction of tourist and recreational complex in the republic of Tatarstan, as evidenced by the statistics and the increasing tourist interest in our republic. However, spatial differentiation is observed within the country, the evaluation of which is the subject of this work.

SOCIAL SCIENCES: Section Economics and Finance2014
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THE SPECIFICS OF ECO-INNOVATION PROCESS IN THE CONTEXT OF SUSTAINABILITY

(STEF92 Technology, 2014, A. Zauskova, Z. Bezakova)

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Green innovations are now very often inflected term. The company is aware of the necessity of their implementation, customers are calling for greener products, and companies are trying to implement environmentally friendly activities. Enterprises uphold the principles of environmentally suitable behavior, some of them are trying to use these approaches in production, others in most of their activities. Concept of innovation raises in many of us the idea of technological inventions that are the result of long effor...

SOCIAL SCIENCES: Section Economics and Finance2014
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RATIONALE FOR MAIN AREAS OF THE STATE ECONOMIC POLICIES IN THE SPHERE OF THE HOUSING CONSTRUCTION IN RUSSIA

(STEF92 Technology, 2014, N. Y. Kirsanova, O. M. Lenkovets)

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Today, housing accessibility is low in Russia. This situation is rooted in the following causes: 1. Most Russians are not able to save up for housing. High interest rates on mortgage loans limit the use of mortgage as a tool to finance consumer demand in the housing market. 2. Existing conditions of mortgage programs and high security of the asset, such as real estate, from the market uncertainty lead to increased investment demand, which brings about the continued positive dynamics in housing prices. The authors ...

SOCIAL SCIENCES: Section Economics and Finance2014
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THE COMPARISON OF SELECTED METHODS USED FOR IDENTIFICATION OF CLUSTER POTENTIAL IN THE REGIONS OF THE SLOVAK REPUBLIC

(STEF92 Technology, 2014, K. Haviernikova, H. Strunz)

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On the performance and competitiveness of national economy influenced the regions through the economic subjects that are operating within them. In recent years, the part of the regional development in the Slovak republic have become except small and medium sized enterprises, business incubators, industrial parks the clusters. Clusters represent a fundamental organizing framework for understanding the local economy in regions and for developing economic performance and competitiveness. According Porter пЃ›1пЃќ clus...

SOCIAL SCIENCES: Section Economics and Finance2014
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LABOR MARKET FLEXIBILITY IN SLOVAKIA - CAUSES AND CONSEQUENCES

(STEF92 Technology, 2014, E. Lapinova, S. Korony)

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In the paper we present results of research on flexibilization of labour and promoting reconciliation of work and family life in Slovakia. Data collection was done by questionnaire survey on a sample of over 400 respondents (parents of minor children) in the Central Slovakia (Banska Bystrica region). Data were analysed by data mining methods (frequency and cross tables, decision trees) in SPSS. We tested the dependence of responses to questions about working and family live and about institutional support for pare...

SOCIAL SCIENCES: Section Economics and Finance2014
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IMPACT OF THE EUROPEAN INTEGRATION AND GLOBAL CRISIS ON LABOR MARKETS IN THE SLOVAK REPUBLIC

(STEF92 Technology, 2014, M. Martincova)

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Unemployment is a natural consequence of the development of market economies associated with the globalization of the world economy based on free choice and democracy, which is coupled with the need for labor mobility. It also reflects the cyclical development of the economy, but may grow into uncontrollable dimensions, which is reflected not only in economic but also in social consequences. Slovak economy, as well as other European Countries, was affected by the financial and economic crisis, not only by increasi...

SOCIAL SCIENCES: Section Economics and Finance2014
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BETTER LIFE INDEX AS A POSSIBLITIY OF MEASURING THE SOCIO-ECONOMIC DEVELOPMENT OF THE ECONOMY

(STEF92 Technology, 2014, A. Vondrova, E. Fifekova)

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In order to economic growth has been not vague concept, we need a tool that will measure whether the country is moving in the path of sustainable development or, on the contrary, the situation in the country is getting worse and development reflects the change in the quantitative dimensions, or is the result of qualitative changes. The latest attempt at international level to present the best of the range of comparable and comprehensive set of indicators of well-being indicators is involved in the better life inde...

SOCIAL SCIENCES: Section Economics and Finance2014
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PUBLIC DEBT AND ECONOMIC GROWTH - A POLEMIC DISCUSSION

(STEF92 Technology, 2014, E. Muchova, M. Kalovec)

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The global financial crisis has influenced economic performance of the world economy and economic theory as well. The crisis has underlined the fiscal position as a fundamentally fragile element of the Euro Area members†economies and it has also proposed the question whether the growth has not been systematically fed and accelerated by increasing public indebtedness. The paper focuses on the quantification of relation between economic performance and public debt. There is an analysis of 27 EU countries and other...

SOCIAL SCIENCES: Section Economics and Finance2014
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METHODOLOGY OF COMMUNICATIONAL QUASI-RENT

(STEF92 Technology, 2014, E. Krivokora)

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We are interested in several aspects in this research, especially, a new kind of rent - communicational quasi-rent, the conditions of its origin and primary sources. Also in identifying the rent component in the structure of income, distribution mechanisms of rental income in the value chain, the institutions of redistribution of rent income, the definition of subjects assignment quasi-rent. Communicational quasi-rent should be presented as a general system construction, in which she will act as a single system el...

SOCIAL SCIENCES: Section Economics and Finance2014
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THE IMPACTS OF TOURISM DEVELOPMENT ON THE LIBEREC REGION BORDER ZONE RESIDENTS

(STEF92 Technology, 2014, J. Syrovatkova)

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The paper deals with the results of the research realized by the Faculty of Economy, Technical University of Liberec, at the end of 2013. The research explored the impacts of tourism development on the Liberec region residents. Respondents from the traditional areas of the Liberec region described the effects of the tourism development on local economy, especially the family revenues. Positive but also negative impacts of tourism development on respondents were thoroughly examined. At the end of the questionnaire ...

SOCIAL SCIENCES: Section Economics and Finance2014
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IMPACT OF THE ECONOMYТ‘S OPENNESS ON PRODUCTIVITY

(STEF92 Technology, 2014, L. Darmo, Z. Brincikova)

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The development of word economy in 90Вґs years of 20th century was facilitated by the development of international trade and its liberalization. Trade, but also foreign investment has stimulated economic growth, particularly, in developing and transition countries. Thus, trade policy began to be very effective instruments in affecting growth of economies. It is liberalization of trade that has shift Visegrad countries (Czech Republic, Hungary, Poland and Slovakia) from transition economies to the group of most dev...

SOCIAL SCIENCES: Section Economics and Finance2014
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NEW PRICING SOLUTIONS IN THE CHANGING LATVIAN BUSINESS ENVIRONMENT

(STEF92 Technology, 2014, I. Bruksle, N. Gode)

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In the complex modern business environment characterized by high level competition, it is essential to approximate and apply correspondingly all competitiveness raising tools, especially the prices. Therefore the aim of this paper is to establish the practical applicability of the modern pricing solutions and system approach in pricing in Latvian enterprises. The present article summarises the topical solutions, mentioned in the literature, that allow for the improvement of pricing process in companies. To reach t...

SOCIAL SCIENCES: Section Economics and Finance2014
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ECONOMIC BENEFITS OF CONTRACT FARMING FOR SMALLHOLDER PALM OIL PRODUCTION: STUDY CASE OF NORTH SUMATRA, INDONESIA

(STEF92 Technology, 2014, L. Valesova, V. Verner, I. Nadvornikova)

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The palm oil production has experienced rapid growth for recent decades and has the potential to generate significant economic and social development in rural areas of Indonesia. The majority of palm oil production (80%) is situated on Sumatra island. Converting smallholder agriculture into a dynamic sector helps to increase the efficiency of rural economy through demand growth in other sectors. Unfortunately, there are numerous problems and constraints that smallholders face while striving to maximize their poten...

SOCIAL SCIENCES: Section Economics and Finance2014
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ASSESSMENT OF FAMILY MEMBERS INFLUENCE ON THE PURCHASE DECISION-MAKING PROCESS

(STEF92 Technology, 2014, M. Tsoi, V. Schekoldin)

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Currently, with the introduction of information technologies and advent of new goods and services, consumer behavior has changed dramatically. In this view, of special interest is research on family as a consumer of goods and services to be used by all family members or individually. This paper examines the influence of individual family members (husband, wife, and child/children) over the stages of purchase decision process. On the basis of the survey data, an investigation directed at identifying the role of eac...

SOCIAL SCIENCES: Section Economics and Finance2014
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DETERMINANTS OF SAVINGS IN THE COUNTRIES OF THE VISEGRAD GROUP: FOCUS ON CRISIS PERIOD

(STEF92 Technology, 2014, M. Zahumenska)

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The financial crisis negatively affected the economic growth and performance of the European Union countries. This fact is in general associated with a reduction in household income. Nevertheless, some of the economies experienced an increasing savings rates just in the year 2009. That is the case of Visegrad countries also. The aim of this article is from a macroeconomic perspective to identify main determinants and their impact on savings creation with focusing on period of financial crisis in countries of Viseg...

SOCIAL SCIENCES: Section Economics and Finance2014
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ESTIMATION OF MACROECONOMIC SYSTEMS LIVABILITY

(STEF92 Technology, 2014, M. Panasyuk, J. Varlamova, N. Larionova, E. Pudovik)

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Authors interpret a category of livability as a combination of social, economic and environmental resources and reserves, ensuring prospects of macroeconomic system sustainable development. Paper provides a number of aggregated indicators, which allow estimating the livability of macroeconomic system. On their basis classifications of analyzed set of objects are constructed, which allows to get qualitative conclusions on comparative livability estimations. Results of comparative estimation of livability of 15 coun...

SOCIAL SCIENCES: Section Economics and Finance2014
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CREATIVITY – ESSENTIAL FACTOR IN BUILDING THE KNOWLEDGE-BASED ECONOMY

(STEF92 Technology, 2014, G. Moraru, D. Popa)

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The paper presents the essential role of creativity in building the knowledge-based economy, organization and management. Firstly, some theoretical views on the subject were summarized. Secondly, some of the results of a research carried out in Romanian universities and companies were presented, the purpose of this being to determine the use of creativity management in economy. Questionnaires were given to three categories of respondents: academics, PhD students and managers. Finally, the results proved that the c...

SOCIAL SCIENCES: Section Economics and Finance2014
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QUANTIFICATION OF CORRUPTION AT SUBNATIONAL LEVEL

(STEF92 Technology, 2014, J. Volejnikova, V. Linhartova)

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Quantification of corruption rate in smaller regional areas is still a considerably unexplored territory not only in the Czech Republic but also all over the world. The definition of possible consequences of corruption, eventually their exact quantification is also a sphere which was investigated only at general level of a country in the past and regional extension is still missing in the detailed analysis of corruption. Subnational distinction of a territory in terms of corruption rate could provide a completely ...

SOCIAL SCIENCES: Section Economics and Finance2014
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VARIOUS APPROACHES ON CROSS-FUNCTIONAL MANAGEMENT

(STEF92 Technology, 2014, L. Dinca)

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The present paper reflects the concept of cross-functional management, with its multiple theoretical and practical approaches. Cross-functionality is an actual issue, many enterprises trying to encourage this organization form in order to support their innovation and development activities. Although the cross-functional management has specific features, many people are identifying it with the project management or with the hierarchical revised management. However, the cross-functional management implies to take in...

SOCIAL SCIENCES: Section Economics and Finance2014
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INCOME DISPARITY AS A FACTOR OF INTERNATIONAL MIGRATION

(STEF92 Technology, 2014, M. Privarova, J. Toma)

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International migration belongs to discussed issues within current economic theories and in international economy reflecting growth in migration flows in the EU and around the world. Sharpening income disparities measured by GiniВґs coefficient stemming from the LorenzВґ curve theoretical assumptions are also topical issue. In this paper we try to quantify relatedness between country-pairs income disparities, within countries inequalities and net migration stocks covering 27 member countries of the EU. The paper a...

SOCIAL SCIENCES: Section Economics and Finance2014
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REDUCTION OF ENERGY INTENSITY OF RUSSIAN ECONOMY ON THE BASIS OF APPLICATION OF THE SELECTIVE APPROACH TO THE PROBLEM SOLVING

(STEF92 Technology, 2014, T. Anisimova, R. Khabibrakhmanov)

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High energy intensity of Russian economy has been an actual problem for a significant period of time. One can find a great number of domestic and foreign scientific researches, analysing the reasons of the high level of the energy intensity of Russian economy and other countries of the world, singling out the factors, causing them on the level of the country as a whole and on the level of certain enterprises. We can not deny the recent changes in the legislation of the Russian Federation and the approval of variou...

SOCIAL SCIENCES: Section Economics and Finance2014
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REGIONAL PARTICULARITIES OF THE UNPAID WORK IN SLOVAKIA

(STEF92 Technology, 2014, M. Uramova, A. Kascakova, M. Tuschlova)

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Unpaid work plays an important role in the life of individuals, households and the whole society. In spite of this fact, there has not been any official statistical research conducted in Slovakia concerning unpaid work till now. In 2012, interdisciplinary team of researchers from the Faculty of Economics, Matej Bel University in Banska Bystrica, Slovakia conducted unique original primary research on the unpaid work. The aim of the research was to complete information about the extent, structure and economic and no...

SOCIAL SCIENCES: Section Economics and Finance2014
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THE NECESSITY AND THE FACILITATING FACTORS OF THE CORPORATE GOVERNANCE DEVELOPMENT

(STEF92 Technology, 2014, F. Boghean, C. Boghean, M. Ciubotario)

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Corporate governance comprises a wide range of areas. This concept describes all the influences that affect the institutional processes, including those of the appointment of auditors or regulators, involved in the organization of production and sale of goods and services (Turnbull, 1997). We will approach the issue of corporate strategy versus corporate governance as a way of organization's efficient resource management. We consider that organizations should adhere to corporate governance concepts, principles, st...

SOCIAL SCIENCES: Section Economics and Finance2014
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PROBLEMS AND PROSPECTS OF TOURISM IN KEMEROVO REGION

(STEF92 Technology, 2014, Y. Klyuyev, O. Shushlyaeva)

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The study in 2012-2013 of the guests of Kemerovo region showed that both Russian and foreign citizens perceive Kemerovo region only as an industrial centre (94%) but non-tourist (6 %). Economically, this opinion is reasonable, because the main investment is in mining operations (42%), transport and communications (15.7%) and manufacture (12.9%). Kemerovo region is especially attractive for the foreign investors interested in the region as a market for the producers of mining equipment. In 2012, \$1.3 billion USD o...

SOCIAL SCIENCES: Section Economics and Finance2014
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ECONOMICAL BENEFIT FROM USING OF DIFFERENTE SOIL TILLAGE TECHNOLOGIES

(STEF92 Technology, 2014, G.Silins, L. Silina, A. Zvirbule - Berzina)

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One of the industries of national economy that provides consumers with agricultural commodities for food is agriculture. A significant role in producing crops on farms is played by chosen soil tillage technologies. Practitioners use three kinds of technologies: ploughing, low-till as well as no-till (direct drilling). Choosing the most appropriate technology, farms can optimise their expenses on fuel and equipment, as well as consequently gain higher yields. The present research was conducted on one of largest cro...

SOCIAL SCIENCES: Section Economics and Finance2014
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ANALYSIS OF THE QUALITY OF TOURISM SERVICES WITHIN THE TOURIST ACCOMMODATION FRAMEWORK IN ROMANIA

(STEF92 Technology, 2014, S. C. Martin, R. Lile, R. Ciolac, S. S. Chis)

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The decisive role of tourism service quality is represented by the essential elements of the quality: fairness in the service, promptness, courtesy, kindness to consumers. Travel service strategy should contribute to increasing the company's value system and push the organization to provide above the mediocrity The strategy of travel service must also rely on on the quality of services, to provide consumer value, to be consistent with firm practices and to stimulate the staff creativity. Concretely, this study pre...

SOCIAL SCIENCES: Section Economics and Finance2014
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ABOUT ANALYTICAL AND STRUCTURAL ASPECTS OF THE MANAGEMENT SYSTEM OF ORGANIZATIONS THAT IMPLEMENT THE INTEGRATION STEPS

(STEF92 Technology, 2014, O. Lyamzin)

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Adequate forming of diversified innovative integrated structures is actual, today, for any country that makes its innovative system more efficient. This process accompanied by a significant number of issues of organizational-technical properties, requiring a competent decision. One of them is the problem of creation of information-analytical support of managerial decision-making during implementing integration efforts in the innovation sphere. In a more specific sense, this means working to select the correct “a...

SOCIAL SCIENCES: Section Economics and Finance2014
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ASSESSMENT OF THE REGIONAL ECONOMIC POTENTIAL FOR THE INDUSTRIAL CLUSTERS DEVELOPMENT

(STEF92 Technology, 2014, S. Rastvortseva)

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The aim of this study is to develop methodology for assessing the economic potential for the clusters development in the regions and to test it in the Central Black Earth Re-gion of Russia. Four problems were solved: 1) it was determined which elements of economic potential are significant for clusters formation in the regions, 2) a system of performance assessment indicators was developed; 3) the economic potential for indus-trial clustering was analyzed in the Central Black Earth Region of Russia; 4) strength, w...

SOCIAL SCIENCES: Section Economics and Finance2014
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INFORMATION AS AN ECONOMIC RESOURCE

(STEF92 Technology, 2014, T. Altunina, G. Preshkin)

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The paper considers the concept of the information as one of properties of the objective reality when it acts as a weightless means of production in the creation of which only a person takes part, his mind ability to the abstract thinking. The purpose of getting this intellectual product with specified set consumer properties set in advance is achieve-ment maximum use which in applied, qualitatively other kind may be used or trans-ferred to other economic agents for pay. That is, the information is perceived not i...

SOCIAL SCIENCES: Section Economics and Finance2014
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THE CULTURAL-HISTORICAL SITES OF TР’RGOVISTE MUNICIPALITY AND ITS SURROUNDINGS AND THEIR TOURISTIC ATTRACTIVENESS

(STEF92 Technology, 2014, G. Pehoiu, O. Murarescu, M. Frinculesa)

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TargoviЕџte municipality, the capital city of DamboviЕЈa County, lies in the Plain with the same name, at the junction between this plain and the IalomiЕЈa Sub-Carpathians, at the absolute average altitude of 280 m, being crossed by the IalomiЕЈa River on about 18 km. Its first documentary mention dates since 1396. It was the capital city of Wallachia, between 1418 and 1714, and is considered one of the great cultural and civilizational centers of the Romanian Middle Ages. As residence of an impressive number of v...

SOCIAL SCIENCES: Section Economics and Finance2014
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THE RISKS AND THEIR IMPACT ON THE PERFORMANCE OF THE SELECTED HOTEL FACILITY IN THE SLOVAK REPUBLIC APPLYING ENTERPRISE RISK MODEL

(STEF92 Technology, 2014, D. Kiselakova, J.Horvathova, B. Sofrankova)

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The article is the result of scientific - research activities focusing on preparation of models for streamlining solutions and forecasting financial risk of business entities. In more detail we have been focused on the processing of in-company risks, but also the impact of the external environment of risks. The aim of this paper is to analyze the impact of selected risks on the performance of the hotel facility with the application of mathematical - statistical methods. To achieve the aim of the article were proce...

SOCIAL SCIENCES: Section Economics and Finance2014
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FULFILLMENT OF THE CONVERGENCE CRITERIA BEFORE ENTERING THE MONETARY UNION AND DEVELOPMENT TRENDS IN TERMS OF THE STABILITY AND GROWTH PACT

(STEF92 Technology, 2014, J. Lisy, M. Novak, P. Skalak)

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EU countries applying for membership in the monetary union have to fulfill so-called convergence criteria known as well as the Maastricht criteria. One of the prerequisites for its completion is also achieving macroeconomic balance, which contributes to the performance of the economy and increase the growth of competitiveness. Slovakia recorded significant real GDP growth for the period of years 2005 - 2008, which contributed to the fulfillment of the convergence criteria and Slovakia's entry into the monetary uni...

SOCIAL SCIENCES: Section Economics and Finance2014
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ATTRIBUTES OF THE TOURISM EXPERIENCE - ANALYSIS ELEMENT OF THE TOURISM DESTINATION FOR BALNEOTHERAPY TOURISM

(STEF92 Technology, 2014, A. F. Stancioiu, A. Botos, N. Teodorescu, A. Radu)

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The experience economy implies, in tourism marketing, the necessity to adopt a vision according to which the fulfillment of consumer needs can be achieved a mid its desire for individualism, only by means of interaction with all the destination elements relevant for him/her. From this perspective, the activities which can be developed within the tourism product represent direct contact points with the consumer personality, the potential experiential value being rendered by its degree of association with the experi...

SOCIAL SCIENCES: Section Economics and Finance2014
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THE TOPICALITY OF MONETARY THEORY OF THE BUSINESS CYCLE AT PRESENT

(STEF92 Technology, 2014, J. Lisy, M. Novak, P. Skalak)

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Experiences from the development of the world economy in the first decade of the 21st century shows that the economies of many countries were hit by crisis processes that gradually occur with varying intensity in the form of mortgage, financial, economic, but also political, social, debt, as well as moral, systemic crisis and as well as the crisis of civilization. World global crisis was initially perceived as a crisis, which only applies to the USA. Gradually, as the crisis processes were deepening in other count...

SOCIAL SCIENCES: Section Economics and Finance2014
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RUSSIA AND GERMANY: SIMILARITIES AND DIFFERENCES IN TECHNOLOGICAL POLICY STRATEGIES

(STEF92 Technology, 2014, E. Andreeva, V. Zakharova, A. Ratner)

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It is widely accepted that a high level of scientific, technological and engineering development has become a source of national wealth. As a consequence, authorities in different countries are facing the issue of managing all the components of knowledge transfer. The aim of this study was to define an optimal long-term technological policy. This study performs a comparative analysis of traditions, history, as well as actual similarities and differences between technological polices in Germany and Russia. It is fo...

SOCIAL SCIENCES: Section Economics and Finance2014
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CZECH ECONOMY TEN YEARS AFTER ENTRY INTO THE EUROPEAN UNION

(STEF92 Technology, 2014, J. Volejnikova)

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On 1st May 2014 we commemorate the tenth anniversary of the entry of the CzechRepublic into the European Union (EU). Benefits which the Czech Republic gained thanks to the EU membership are indisputable. The Czech Republic became a member of an important integral group and integrated so into democratic European countries struggling for meeting their common targets – to support peace, democratic values and high-quality life of their inhabitants - life guaranteed by the dynamic and competitive European economy. Th...

SOCIAL SCIENCES: Section Economics and Finance2014
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POSSIBILITIES OF DEVELOPMENT SOCIAL ENTERPRISES IN LATVIA

(STEF92 Technology, 2014, V. Bikse, N. Linde, B. Rivza)

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Nowadays, seeing the prosperity of people growing and the desire of the public to take social responsibility, there are more and more social enterprises developing, whose purpose of activity is not only making profit but, most importantly, dealing with social problems for the public benefit. The purpose of this study is to examine the experience of social enterprises, to detect problems and to work out propositions for the development social enterprises in Latvia. To reach the aim, a survey and analysis was undert...

SOCIAL SCIENCES: Section Economics and Finance2014
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CURRENT PROBLEMS OF INFLATION IN THE EUROPEAN AREA

(STEF92 Technology, 2014, M. Novak)

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When some European country willing to aspire to the membership in the Eurozone, at first it must cover the Maastricht convergence criteria, which are divided into fiscal (government deficit, public debt) and monetary (price stability, exchange rate stability, stability of long-term interest rates). The basic requirements for criteria were settled at the time of their formulation in the Protocol to the Treaty of European Union. There was the requirement to ensure a high degree of sustainable economic convergence. C...

SOCIAL SCIENCES: Section Economics and Finance2014
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EMPIRICAL STUDY ON THE IMPACT OF GROWTH AND LEARNING POTENTIAL OF THE COMPANY'S FINANCIAL PERFORMANCE

(STEF92 Technology, 2014, C. D. Avram, A. Avram, V. Avram, G. D. Togoe)

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In the current period has been observed that companies that pay attention to the continuous training of its staff and maintaining a career development program better suited to market requirements achieve superior financial and economic performance. Our study aims to measure the growth and learning potential impact on the financial performance of the company, based on a sample selected from the South West Development Region Oltenia –Mehedinti County.

SOCIAL SCIENCES: Section Economics and Finance2014
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SOME INDICATORS DEVELOPMENT OF INFLATION IN EUROZONE AND USA

(STEF92 Technology, 2014, M. Abdoulmola, R. Cisar)

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The paper aims characterize the importance of inflation for monetary policy in the euro area and the U.S., to analyze the evolution of inflation in 1999-2012 and define potential risks, which could in the future affect its growth, In this paper we will compare inflation in the euro area and the USA from 1999 to the 2012, and we use correlation analysis to assess the relationship between inflation in the euro area and the USA with selected monetary indicators such as interest rates, exchange rates, monetary aggrega...

SOCIAL SCIENCES: Section Economics and Finance2014
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ROLE OF HUMAN FACTOR IN ENHANCING PERFORMANCE SME - REFLECTION POST CRISIS

(STEF92 Technology, 2014, C. D. Avram)

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SME's growth performance is largely dependent on the quality and level of training of the human factor. Economic activities are conditioned by the existence of financial and material resources, information and the existence of human resources. Increasing productivity performance depends on the activity carried out, equipments, installations, but also on the training level of workforce. Workforce with superior training and the application of modern methods of selection and recruitment have a significant impact on t...

SOCIAL SCIENCES: Section Economics and Finance2014
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HISTORICAL AND CULTURAL HERITAGE IN TOURISM DEVELOPMENT

(STEF92 Technology, 2014, N. Gabdrakhmanov, V. Rubtzov, M. Mustafin)

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This article discusses methodological issues for evaluating the cultural and historical potential and possibilities of its application in development of the tourist industry in Republic of Tatarstan. Need for study historical and culture heritage explained by its importance in the overall structure of recreation and tourism. He advocates a kind of foundation on which are formed and implemented a variety of tourism activities. The study should be comprehensive, given its multifunctional structure, including natural...

SOCIAL SCIENCES: Section Economics and Finance2014
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CONTROLLING AND KNOWLEDGE MANAGEMENT IN INTERCONNECTION

(STEF92 Technology, 2014, L. Kruml)

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The paper deals with controlling as one of the most important tools (approaches) of corporate management. It lays out possibilities for its interconnection with knowledge management as a crucial management tool of firms active in the knowledge economy and in the so-called knowledge society. Possible relations between controlling and knowledge management and other related management tools are examined and described. Their interconnection with the controlling system of a firm multiples its assets in terms of the syn...

SOCIAL SCIENCES: Section Economics and Finance2014
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USE VALUE OF NEW KNOWLEDGE

(STEF92 Technology, 2014, G. Preshkin, T. Preshkina)

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The main purpose of the paper is the justification of modern scientific directions of innovative processes in the field of enhancement of the higher engineering education for forest industries' needs, providing its prestigious positions in the world. Now the value assessment of wood resources is underestimated because of unreal value in use that leads to decrease of the wood income. Growth of the wood income is possible on the basis of the new forestry busyness concept the meaning of which consists in a real estim...

SOCIAL SCIENCES: Section Economics and Finance2014
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RATING ASSESSMENT OF COMPANY'S COMPETITIVENESS BASED ON FUZZY SETS APPROACH

(STEF92 Technology, 2014, S. F.Khasanova I. I. Ismagilov)

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The paper presents technique of fuzzy rated assessment of company's competitiveness. Rating evaluation of companies is a reasonable and practical approach for competitiveness assessment. To calculate the rating can be used not only quantitative indicators of competitiveness but also qualitative indicators. The information about uncertainty of the environment is included in the technique by using methods of the fuzzy sets theory. Quantitative and qualitative factors of competitiveness are selected depending on the ...

SOCIAL SCIENCES: Section Economics and Finance2014
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INDUSTRIAL TOURISM AND PIEDMONTESE (ITALY) WINERIES: A STATISTICAL STUDY

(STEF92 Technology, 2014, E. Varese, S. Buffagni, L. Tibiletti)

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The aim of this study is to define the contexts in which wineries work. The paper presents a comparative analysis between two wine districts of Piedmont (Italy), located in the provinces of Cuneo (Langhe), and Asti (Monferrato). Even if these two wine districts differ in terms of territory, history, and traditional wine production, both are attractive in terms of industrial tourism (wine and food sector). Each district has its own “wine routes”: in the province of Cuneo there is the “Strada del Barolo e gran...

SOCIAL SCIENCES: Section Economics and Finance2014
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ANALYTICAL VIEW OF THE COMPENSATION PRACTICE IN THE INTERNATIONAL HUMAN RESOURCE MANAGEMENT

(STEF92 Technology, 2014, J. Coculova)

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The objective of this paper is the issue of transfer of human resource management (HRM) practices in international organizations. The transfer of HRM practices from the home country to the host country is a difficult process affected by various factors caused by the cultural and institutional environment as well as by the characteristics of an international organization and its subsidiaries. The aim of the paper is to provide an analytical view of the transfer of compensation practice utilising data from a study p...

SOCIAL SCIENCES: Section Economics and Finance2014
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CURRENT PROBLEMS OF UNEMPLOYMENT IN THE EUROPEAN AREA

(STEF92 Technology, 2014, M. Novak)

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In recent years, the labor market for young people include to most flagrant problem not only in Europe but worldwide as well. The strategy Europe 2020 has different options for solving the problem of low young people employment at the macro level. In our paper, we have strived to contribute to the expansion of a general view of the unemployment in general and employment of men and women aged 15 to 24 years old. We focused on the current unemployment problem, especially for young people in the European area. Based ...

SOCIAL SCIENCES: Section Economics and Finance2014
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THE EFFECTIVE CONTRACT IN SYSTEM OF UNIVERSITY TEACHERS STIMULATION

(STEF92 Technology, 2014, M. Masych, E. Kobets, E. Kaplyuk)

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The article describes the importance of ascientific component and the academic reputation in terms of global university ranking .Features of the labor relations between universities and scientific pedagogical workers within contractual contracts of employment.The essence of the effective contract andc

SOCIAL SCIENCES: Section Economics and Finance2014
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