THE CRISIS AND THE COST MANAGEMENT
Journal Title: Annales Universitatis Apulensis series Oeconomica - Year 2009, Vol 11, Issue 1
Abstract
The aim of the present study is the analysis of the phenomenon of contemporary crisis and its unfavourable effects upon the global economy, in general, and the developing countries, in particular. It also has in view the most appropriate decisions that the management of an entity should take under recession conditions. The reduction of prices becomes a priority for the entities, and the first anti-crisis measure in the present economic context. More attention should be paid to the reduction of fixed and variable costs, taking into account the aim of maintaining the profitability and financial equilibrium into an instable and unpredictable business environment.
Authors and Affiliations
Sorin Briciu, Florentina Sas
Keywords
Related Articles
- EP ID EP118931
- DOI -
- Views 90
- Downloads 0
TAXES AND ECONOMIC GROWTH IN ROMANIA. A VAR APPROACH
The paper analyzes the relationship between taxes and economic growth in the case of Romania in the period January 1999 - March 2010, using an unrestricted Vector Autoregression Model (VAR) based on the rate of dynamic...
AN EMPIRICAL ANALYSIS OF THE DETERMINANTS OF BANK PROFITABILITY IN ROMANIA
Our paper aims to investigate the factors that have an influence upon the profitability of Romanian commercial banks, between 2003 and 2011. The results of our study show that Romanian banks’ profitability is influence...
THE ORGANIZATIONAL BENEFITS GENERATED BY THE MEMBERSHIP TO A CONGLOMERATE OF REGIONAL CLUSTERING TYPE. THE IMPLICATIONS OF “ROŞIA MONTANĂ PROJECT” ON CREATING A MINING CLUSTER IN THE “APUSENI MOUNTAINS” AREA FROM ROMANIA
Starting from Michael Porter’s statement, according to which the cluster, the simple concentration, pack or spatial, territorial agglomeration of SMEs, specialized in a field (service, product, knowledge) or interr...
RELATION BETWEEN EXPECTED RETURN AND VOLATILITY AT BUCHAREST STOCK EXCHANGE, ON BUSINESS CYCLE STAGES
The study of the relation between risk and return is an important topic for investors in financial assets, which is the reason why many researchers have tackled it. It is only natural for an investor with aversion for ri...
THE INCREASE OF PERFORMANCE OF AN ENTITY BY THE CONVERSION OF THE HIDDEN COSTS
This article offers an intrinsic image of the hidden and identified costs at the level of an entity, including the causes and their ways of control. The main research instrument used here was the questionnaire and the re...