Journal of Research on Trade, Management and Economic Development

7-28

Authors: Simion MORARU, Irina RAEVSKAIA, Victoria MORARU

Competition, in general, is a rivalry (driven by economic means of the economic freedom) between competitors to seize markets for the sale of goods, services, and purchases of factors of production (by removing the rivals). The competitors’ rivalry is caused by the fact that they all want the same result and the market resources at each period are limited. Competition is one of the objective conditions necessary to ensure an adequate development of technical and economic progress, of the prosperity of the population. The market and stigma competition with destructive force for some competitors ultimately ensures a general balance by creating a system of interdependence of the economic sectors so that any activity in a certain sector is correlated with activities in the other sectors. Disparities, with some state interventions, ensure a proportional distribution of resources, motivate producers to invest in performing technologies, in human capital, which through creativity ensures a high productivity, efficiency and excellent product quality. Businesses that have achieved such results provide a long-lasting high revenue. Competitiveness is the ability of a manufacturer to successfully pass the competitive test on the domestic as well as the external market, ensuring a superior revenue from production factors’ capitalization. The significance of this market economy is binomial: competition and competitiveness are growing in the context of deepening the processes of globalization of the world economy at the current stage. The purpose of this article is to study and generalize the European legal basis and competition policy. The European experience of over 60 years in this field, and especially, the economic results are of particular interest to the transition economy of the Republic of Moldova.

54-62

Authors: Sofiіa KAFKA

Along with the classical approach to understanding the meaning of such economic category as depreciation, we have considered the issues if the amortization is the source of the fixed assets renewal. For the purposes of the study we used methods of analysis and synthesis, systematic approach - to study the processes of working capital enterprises, logical method and simulation - to systematize information security of these processes. Results of investigations to determine the characteristics of the economic substance of depreciation established: depreciation is a compensation of working capital, which at one time was removed from circulation for the purchase of fixed assets, so you cannot treat depreciation as a source of investment in fixed assets. The source of the formation of the working capital of own funds is certainly profits and depreciation - only if profitable economic activity. So when it comes to sources of funding something, including the acquisition (creation) of fixed assets, only the working capital can be the source that’s why it is important to use them efficiently and the conditions of the limited resources. The practical significance is to develop scientifically based recommendations on formation and sources of working capital enterprises and reproduction of fixed assets, which provide methodological support to forming the depreciation policy of enterprises

72-78

Authors: Elena GRAUR, Irina COSNICEAN, Tatiana BARAN

Human potential was and is among the most valuable resources that each organization has, and also one of the decisive resources for an efficient business activity and its evolution in performance. All management functions are performed by people while success or failure of the management activity depends on acquiring the art of working with people. When the top managers succeed to harness the potential of the employees so that they become not subordinates but teammates in the future activities of the organization, we can already speak about highly qualified professionals who generate sustainable development of the employing company. The research will mainly focus on the comparative study of approaches practiced in European countries along with co-operative enterprises from our country, researching the training level and theoretical-practical training provided by authorized institutions in these domains.

89-94

Authors: Iulia VICOL

In this paper, the author sets forth the stages of development of concepts regarding employment by analyzing the opinions of the representatives of various economic theories. This analysis would allow the avoidance of many mistakes and negative factors affecting the regulation of employment. Employment is considered a complicated socio-economic problem that interacts with numerous societal factors such as job creation, employment of the active population, education, professional requalification of the unemployed, the rise in the standard of living of the population, and others. The trends that are happening in the sphere of employment determine not only the economic development of the state, but also the welfare of the population.