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Possibilities in Organising an Integrated Informational Subsystem Regarding Stocks

Author

Listed:
  • Anca Ciumag

    (General Office of Public Finance, Ilfov, Romania)

  • Marin Ciumag

    (“Titu Maiorescu” University of Bucharest, Romania)

Abstract

An informational subsystem concerning stocks will allow the management to observe the current situation of the company, to notice its opportunities, as well as its potential risks for the politics of the organization, both its advantages and disadvantages, as well as to take the most appropriate decisions and later on to control the derived effects. The existing information in the subsystem on whose basis the managers act can be corrected as a result of the amendment in the supply from providers or delivery to customers. Breaching the transacted contracts or the alteration of the contract terms along entail the reconsideration of the decisions concerning production of goods and services.

Suggested Citation

  • Anca Ciumag & Marin Ciumag, 2009. "Possibilities in Organising an Integrated Informational Subsystem Regarding Stocks," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 9(1), pages 173-178.
    • Handle: RePEc:pet:annals:v:9:i:1:y:2009:p:173-178
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