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The Challenges Of Nowadays Companies, As Economic Organizations €“ A Case Study On Romania’S Situation

Author

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  • Gheorghe N. POPESCU
  • Cristina Raluca Gh. POPESCU
  • Veronica Adriana A. V. POPESCU

Abstract

The paper titled “The Challenges of Nowadays Companies, as Economic Organizations – A Case Study on Romania’s Situation focuses on today’s provocations faced by the companies, with a case study approach on the specific features belonging to the Romanian economic, managerial, social, political and technological environment.The study starts with a theoretical approach, presenting some general literature studies focused on companies, seen as economic organizations and their key features, continues with the analyses of the elements defining the companies seen as organizational entities, who are, in essence, complex systems which incorporate financial, material and human resources; socio-economic systems, based on their teams of employees interrelated with other activities within the company; “organically adaptive entities, having the capacity to change constantly under the influence of endogenous and exogenous factors, adapting successfully to both market dynamics and to the requirements generated by the dynamic embedded resources; and also, specialized technical-material systems, in which the linkages and dependencies between the labour instruments, the materials and the raw materials that reflect the technological requirements of production can be found.The scientific research paper provides the necessary background in order to understand also the socio-economic situations and the specific tendencies that exist in nowadays Romanian economic, managerial, social, political, and technical external business environment.

Suggested Citation

  • Gheorghe N. POPESCU & Cristina Raluca Gh. POPESCU & Veronica Adriana A. V. POPESCU, 2016. "The Challenges Of Nowadays Companies, As Economic Organizations €“ A Case Study On Romania’S Situation," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 10(1), pages 245-257, November.
    • Handle: RePEc:rom:mancon:v:10:y:2016:i:1:p:245-257
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    References listed on IDEAS

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    1. Cosmin Octavian Dobrin & Gheorghe N. Popescu & Veronica Adriana Popescu & Cristina Raluca Popescu, 2012. "The Concept Of Performance In Business Organizations €“ Case Study On The Employee Performance In Romanian Business Organizations," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 6(1), pages 310-316, November.
    2. Cicea, Claudiu & Marinescu, Corina & Popa, Ion & Dobrin, Cosmin, 2014. "Environmental efficiency of investments in renewable energy: Comparative analysis at macroeconomic level," Renewable and Sustainable Energy Reviews, Elsevier, vol. 30(C), pages 555-564.
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