This paper proposes an analogy between rational biological model and the organizations’ development during their existence. So, organizations’ "birth" or creation are considered the result of genetic algorithms, transformations are identified with changes that aim the adapting to the...

SMEs present many particularities which influence to a large extend their functionality and performance. A very deep investigation of more than 60 SMEs has revealed what are the major variables having influence on SMEs organisation and the main features of organisation system. In the first part...

The worldwide economic recession demonstrates: innovations are needed to increase productivity and competitivity of enterprises, especially of subcontracting companies. The paper compares the subcontracting business at a boom- and recession-phase, mainly in Japan and Germany. For Japan the...

When defining a maintenance policy, it must be held in mind the fact that there isn’t such a thing like “good maintenance policy” in itself; instead, for each industrial equipment should be adapted a particular maintenance method, coming to a technical-economic compromise through its...

When defining a maintenance policy, it must be held in mind the fact that there isn’t such a thing like “good maintenance policy” in itself; instead, for each industrial equipment should be adapted a particular maintenance method, coming to a technical-economic compromise through its...

In an economic environment where more and more emphasis is being placed on increasing company’s performance and on the continuous improvement of business processes, companies face new challenges. On one hand they must address the existing market demand strictly observing the requirements of...

The operational capacity represents one of the most important characteristics of the logistic system, from the perspective of its reliability. The present paper describes, concisely, in its first part, the theoretic foundations of the analysis and of the evaluation of a logistic system from the...

This study examined the impact of the adoption of international accounting standards on the management performance of businesses listed on the Budapest Stock Exchange in Hungary. The financial data are taken from accounts published on the Budapest Stock Exchange and in the Hungarian Business...

Managers of any organization exercising the functions of management, organization, coordination, training and control in different areas, which generally are called functions of the organization. Management of SMEs differ from the management in the large companies both in the way of exercising...

Is the current situation facing the whole world and we need to adapt to withstand a fierce weather. Because the supply, which can be seen both as a sale (the manufacturers buy from suppliers) as well as a purchase (customers are supplied by producers) is the center of activities, we believe that...