https://www.um.edu.mt/library/oar/handle/123456789/30865 2026-04-25T18:21:29Z 2026-04-25T18:21:29Z Trifu, Alexandru https://www.um.edu.mt/library/oar/handle/123456789/31010 2018-06-15T01:25:07Z 2013-01-01T00:00:00Z

Title: A microeconomic approach of a company’s in a competitive environment Authors: Trifu, Alexandru Abstract: The strategic analysis is the process of identifying an organization's middle and long run position in relation to the external environment, its internal resources, the shareholders’ skills, desires and influences. The essence of the competitive strategy consists in choosing a chain of activities different, mainly in structure, as qualitative features, from that of the competitors. If the same set of activities had been sufficient for producing all the products/services of the field of activity, meeting all the needs and solving all the problems regarding client accessibility, the operational efficiency would have been the factor that determined the company’s profitability and/or a different execution from that chosen by the competitors for the same value chain. Market research provides the firm with information regarding the markets as a whole, or market segments with the best prospects, the price levels accepted by the market, the ways of distributing the products on the market, promotional actions, etc. Equally important for grounding the strategy are the macroeconomic forecasts, the field projections and the policies of the bodies regulating and supervising insurances. The overall organizational strategy would reflect the requirements of the national economic strategy, the strategy for Romania’s integration into the European Union, in this case. This provides the guidance of the organization’s development in accordance with the main macroeconomic developments foreshadowed for the following period. The analysis focuses on Petrom S.A., the largest company in Southeast Europe, whose market penetration force and market sustainability are largely due to the European management implemented by OMV, as Petrom S.A. is part of the OMV European structure.

2013-01-01T00:00:00Z Papageorgiou, George Dimopoulos, Christos https://www.um.edu.mt/library/oar/handle/123456789/31008 2018-06-15T01:25:08Z 2013-01-01T00:00:00Z

Title: An organizational systems perspective to business process modeling in small to medium enterprises (smes) : a case of food production Authors: Papageorgiou, George; Dimopoulos, Christos Abstract: Taking an organizational systems perspective, this paper presents a review to business process modelling and examines the case of food manufacture in a Small to Medium Sized Enterprise (SME), which operates in Cyprus. As a result of the modelling and analysis carried out, areas of concern, issues and opportunities are identified and explored taking into consideration the current business environment of the SME, by focusing on the decision making processes of the production and scheduling activities. The knowledge gained from the modelling effort provides a deeper understanding of the operations and interrelationships between important processes such as “Make”, “Buy”, “Sell” and “Manage”. This proves to be useful for the effective re-design of a production/scheduling decision support system in the particular firm but it also represents the first step towards for the long term development of a generic framework for managerial decision making which takes into consideration the limitations and particularities of manufacturing SMEs.

2013-01-01T00:00:00Z Iancu, Eugenia Tulvinschi, Mihaela https://www.um.edu.mt/library/oar/handle/123456789/31007 2018-06-15T01:24:56Z 2013-01-01T00:00:00Z

Title: The role of the accounting and audit standards in the globalization process Authors: Iancu, Eugenia; Tulvinschi, Mihaela Abstract: The audit rules are necessary, they being able to be useful as much for the auditors and for the audit beneficiaries. For the auditors, the rules make first of all a support item, a guide or a support in applying the methods, techniques, procedures and second of all a support and justification item, for the case where difficulties show up. In what regards third-parties, these will be assured that the audit is made by unitary criteria, no matter by whom it is made. Even if solicited by various firms, in order to raise the credibility of the financial situations they published, the audit process cannot take place at random, without the existence of legal regulations. Due to the increasing importance the audit gets in developing any business, in time imposing the necessity to make professional specific standards, that are to insure a minimum quality of the audit process an a certain performance to the auditor profession.

2013-01-01T00:00:00Z Pallis, Christos L. Pallis, Petros L. https://www.um.edu.mt/library/oar/handle/123456789/31006 2018-06-15T01:25:02Z 2013-01-01T00:00:00Z

Title: Analysis of key obstacles and problems faced by municipalities and their citizens : an empirical investigation in the municipalities of Greece Authors: Pallis, Christos L.; Pallis, Petros L. Abstract: The primary aim of this research is to investigate and observe phenomena and views related to issues concerning Greek municipalities, such as the problems they face and how they tackle them. So this study presents the descriptive measures of questions in a questionnaire that was sent to the entire sample of Greek municipalities – characterized in this way with considerable heterogeneity - and an attempt is made to locate differences as well as similarities between them. The questionnaire used to collect data is made up of closed-ended questions. More specifically, the questionnaire examined the views of Mayors in each Municipality as regards: (a) the biggest problems faced by the citizens in their Municipality, (b) the biggest personnel problems faced by their Municipality, and (c) the biggest administrative problems faced by their Municipality. The aim of the empirical analyses carried out is to draw useful and representative conclusions on issues concerning deficiencies and problems in municipalities.

2013-01-01T00:00:00Z