Business Excellence and Management

5-15

Authors: Ion VERBONCU, Luise ZEININGER

When major changes occur within structural or procedural organisational' structure it's not very simple to update company bylaw, organisation chart, job description, process-map when considering how heavy the informational content of these documents is. Despite their importance managers tend to overlook all of them, to just formally elaborate both the company bylaw and job descriptions and then forget about updating them regularly. In our opinion there is are very few Romanian organisations that consider the documents mentioned before as managerial tools even their role in applying management processes and management functions (coordination, training, evaluation-control) is obvious. This paper comes to fill the void existing in the literature regarding the role and content of such organisational' documents and offer to managers oriented toward excellence efficient and useful instruments in line with the classical techniques, methods and managerial systems. When getting from working empirically to working scientifically, form being amateurs to being professionals one should reconsider the use of company bylaws, job description, and organisation chart as managerial tools not bureaucratic means.

36-42

Authors: Dan IVĂNESCU, Laura IVĂNESCU

The conditions of the well-functioning of a monetary union were defined by the optimum currency area theory. From this perspective, the business cycles synchronization outlined itself as a meta-condition for the benefits of sharing a common currency to surpass its costs. The synchronization between the economies of the countries that have recently joined the EU and the one of the Euro area has proved itself of maximum importance given, on the one hand, these countries’ objective to adopt the common European currency, but also the obvious crystallization, in the present EU crisis, of the strong economies within the EMU, the evolution of which could dictate the economic perspective of the other economies (outside EMU) linked to them. Thus, our analysis focuses on the estimation of the business cycle synchronization between Romania, as a new member state, and the euro area as a whole, but also between Romania and each member taken individually. For the estimation, we have used both parametric and non-parametric correlation methods. For comparison reasons, the analysis vis-à-vis the Euro area as a whole was also expanded to the other new member states that haven’t adopted the euro yet

56-63

Authors: Roushan KUMAR, Suraj Kushe SHEKHAR

In the modern era of globalization, it has become a challenge to keep the customer as well as consumers in fold and even keep our natural environment safe and that is the biggest need of the time. This article is focusing on sustainable marketing. The aim of this article is to study and analyze consumer’s behavior towards tin packaged chocolates and non-tin packaged chocolates, to know the awareness of consumers regarding eco-friendliness and hygiene of tin packaging, to find consumer’s willingness to pay premium for tin packaged chocolates, to find how consumers can be motivated towards use of tin packaging, to suggest promotional strategy to increase the sales of tin packaged chocolates and other tin packaged products for tin manufacturing companies and to suggest viable recommendations to be implemented in the area. The study focuses on consumer behavior towards tin packaged chocolates and non tin packaged chocolates in Jamshedpur, Jharkhand, India.