Top PDF The IT Impact in Management Decision Making in Romanian Companies: A Case Study

The IT Impact in Management Decision Making in Romanian Companies: A Case Study

The IT Impact in Management Decision Making in Romanian Companies: A Case Study

The aim of this paper is to present a case study regarding the information technologies impact in decision making process on the management of some Romanian companies. The main parameters which can define the )T impact were established. The results of investigation and the most important correlations between the monitored parameters are also presented. At the end of the paper there are the conclusions on the impact of information technologies obtained from the case study.
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Order Management in Supply Chain: A Case Study in Automotive Companies

Order Management in Supply Chain: A Case Study in Automotive Companies

Generally, organisations which are farther up from customer in a supply chain will receive the more distortion of information. Therefore, they had to consider the various prediction factors before any technique of prediction be selected, which are included the past orders, lead time of goods, promotion planning, economic situations, advertising planning and follow competitor’s actions. Hence, managers should pay attention to all these factors together to make proper decision about their future orders. For instance organisations should consider to the economic situations not only in their local area but also all over the world to be aware of future demands. Moreover, it is very helpful to attend the strategies of the successful organisations and follow their techniques. Beside all above factors, knowledgeable employees and proper software are required to analyse all mentioned information and make appropriate decision. On the other hand, the predictions techniques can be classified into the four various types such as; qualitative, time series, causal and simulation. The qualitative type relies on the human judgment which is suitable when a little historical data is available. Otherwise, the historical demands information is used in the time series method. On the other hand, the decision would be made upon the correlated between demand and environmental factors in the causal technique. In contrast, the time series and causal techniques are combined in the simulation method. However, it is very difficult for organisations to choose the proper method of forecasting. In this regard, a multiple prediction method is more effective than using one method alone (Chopra and Meindl, 2007).
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Organizational risk management: a case study in companies that have won the Brazilian quatity award prize

Organizational risk management: a case study in companies that have won the Brazilian quatity award prize

for each line in the financial statement. Based on this there is a self-assessment of the controls’ effectiveness, followed by a series of field tests and verifications aimed at proving control efficiency. The company has four main risk areas that are the object of more detailed analysis - in the form of pilot projects. The risk implementation project foresees the gradual inclusion of new risks combined with the maturing and internal consolidation of the methodology. The adoption of a risk management system was not prompted by one factor alone. Although it started with adjustments to the Sarbanes-Oxley Law, it was also the result of a natural evolution of the organization’s management system, which was expected to have a positive impact on the organization’s results.
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Stakeholder Management in the Local Government Decision-Making Area: Evidences from a Triangulation Study with the English Local Government

Stakeholder Management in the Local Government Decision-Making Area: Evidences from a Triangulation Study with the English Local Government

As the stakeholder theory is an unfinished theory, scholars have been using it in combination with or supported by other theories, such as resource dependence, institutionalism, agency theory, and transaction cost analysis. Oliver (1991) applied resource dependence and institutional theories to identify strategic responses to institutional processes. Greening and Gray (1994) also applied this approach to investigating organizational responses to social and political issues. Both authors have devised their theoretical framework starting from Resource Dependence and Institutionalist perspectives and justified the choice for stakeholder theory as a theoretical bridge for linking the two theories and for categorizing the environmental issues likely to impact an organization’s choice (Child, 1976). The main justification is based on the fact that an organization, in order to survive, needs to manage the issues raised in its environment (both technical and institutional). According to them, both theories offer feasible strategic tools to control such adversities.
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Designing decision support tools for Mediterranean forest ecosystems management: a case study in Portugal

Designing decision support tools for Mediterranean forest ecosystems management: a case study in Portugal

second model considered a minimum tree debarking cycle of 9 years, a debarking period ranging from 2 to 9 years and three levels of periodic land unit cork yield intensities. The third model considered tree debarking cycles ranging from 9 to 11 years. The minimum number of years between harvest entries was set to 9 years. Only one land unit density target level was considered. The prescription simulator interpreted effi- ciently the ecosystem data from each of the 860 cork oak land units in the MIS and used effectively the three debarking mod- els and the thinning model to generate 209 840 prescriptions over a thirty 1-year periods planning horizon. Users may use the system to simulate prescriptions over longer planning horizons. Yet for current testing purposes it was not necessary to do so. The proposed system generated an average of about 244 decision var- iables for each land unit. Adequate management flexibility may be achieved by considering a lower number of options for each land unit. Thus extending the planning horizon will not impact the effectiveness of this decision support tool.
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An application of multiple criteria decision-making techniques for ranking different national Iranian oil refining and distribution companies

An application of multiple criteria decision-making techniques for ranking different national Iranian oil refining and distribution companies

The proposed of this paper has been implemented for a real world application of oil product refinary and distribution in Iran. Since the proposed case of this paper is more active as a governmental service provider, it is important to have a comprehensive method for ranking different units and assign budget based on their performances. The proposed study of this paper uses six factors including per capita supply, energy cost, physical productivity of labor, staff participation, quality control inspection of stations and education per capita. The proposed study uses Entropy to find the relative importance of each criterion and TOPSIS to rank 37 oil distribution units based on cities and three regions of north, center and south. Table 1 shows details of six criteria for three regions.
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Data-driven decision making in social impact sector in Portugal

Data-driven decision making in social impact sector in Portugal

The amount of data generated every day is massive, and the tendency is not to slow down. Many industries see themselves forced to adopt data-driven strategies to remain competitive, as the benefits from Data Analytics continue to appear (Brownlow et al., 2015). Similar companies may positively differ in 5-6 percent in productivity levels when adopting data-driven decision-making (DDDM) processes (Brynjolfsson et al., 2011). Technology is a moving target and requires constant investment for one to be up to date, however, not every sector can keep up. Social-good-oriented organizations cannot afford the most recent equipment and technologies on the market (Bobsin et al., 2018) and lack capacity and appropriate skills for data analysis (Blake, 2019). Many agree that it is time for nonprofit organizations (NPOs) to shift towards data usage (McAfee et al., 2012; Fruchterman, 2016) and that the conditions have never been more appropriate (Ashby, 2019). Data science is a growing need within the third sector (Blake, 2019), however, one must assess the needs for the implementation of the technology. For the implementation of data science to occur, there are challenges necessary to overcome, which are managerial more than technical (McAfee et al., 2012). This thesis seeks to answer the following research question, ‘What are the critical antecedents of the adoption of data- driven decision-making in the social impact sector in Portugal?’. To assess the presented question, the thesis is structured as follows. Firstly, the theoretical background on the national social economy and its relationship with data science will be presented. Secondly, the research methodology and design will be described and further results’ comprehensive description. Later, the discussion and suggestions on how to approach the third sector will be provided followed by the study limitations.
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Using marketing in Romanian libraries. Study case: The Romanian National Library

Using marketing in Romanian libraries. Study case: The Romanian National Library

Another element that the National Romanian Library must keep in mind is creating a powerful brand. A branding campaign must introduce the brand in the interior of the organization, in each decision made by the staff and felt by the consumer. The staff must be offered assistance in the process of identifying the key factors of satisfying consumers’ needs. The management of the brand, especially where the human factor is involved, is a difficult process for the brand manager, taking into consideration that every person involved brings his or hers experiences and opinions to the brand. The personnel must be emotionally involved in the library, as the only way of convincing users is the promotion made by the employees. The creation of a logo is part of the branding process, as this represents the personality and the quality services provided by the institution. The logo is useful in order to recognize the brand and is an important instrument in marketing, a tool that the library should use (Elliot de Sáez, 1997). Due to innovation that the introduction of the logo brings, this must be tested on the employees, while their feedback must be a positive one. In order to do this, the institution can collaborate with a branding company meant to create the interpretations given by some employees who are able to identify the organizational qualities of the library. In the case of the National Romanian Library the process of branding must be started abruptly. Its success highly depends on the recognition of the importance of the institution, in the contact of the potential user with the logo and with the whole brand represented by the library. This kind of exercise is a quite expensive one, but if it is applied correctly and optimally by the library, the financial resources and time invested will pay off. Some examples of applying or improving the organization’s brand can be: people (attracting the attention on the qualities of the brand and the attention focused on the user); accessories (the distribution of bookmarks, pencils, pens, caps, glasses with the institution’s logo); interior decorations (color is a very important aspect which can influence the state of mind of customers and employees); any means of communication (brochures, flyers); Internet pages (the access to Internet should reflect the strength of the brand and be able to communicate what the brand offers); posters; cards; clothing; conferences, symposiums and other presentations opened to the public, etc..
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IS THERE ANY ROOM TO IMPROVE THE USE OF ACCOUNTING INFORMATION?

IS THERE ANY ROOM TO IMPROVE THE USE OF ACCOUNTING INFORMATION?

During 2008 we have conducted a small exploratory case study regarding different factors that can improve the use of accounting information in Romanian companies. A few technical, educational and organizational factors were chosen, based on the authors’ personal experience. The study has been conducted using a questionnaire on a small number of companies based in Cluj, represented by students in the final year of study who occupy management or accounting positions in these companies. The study was supposed to give an insight on the factors that could or could not impact the usefulness of the accounting information system for the purpose of managing a company.
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The Influence Of CSR Awareness On Consumer Purchase Decision Of A Telecommunication Network In Ghana A Case Of La Nkwantanag Madina Municipality

The Influence Of CSR Awareness On Consumer Purchase Decision Of A Telecommunication Network In Ghana A Case Of La Nkwantanag Madina Municipality

on overall company evaluations‖. Murray and Vogel (1997) have investigated the effect of associated CSR practices on consumers and presented similar findings. The CSR activities mentioned in the research are, for instance, environmental protection practices (energy conservation), engagement in acts to promote human welfare, corporate social marketing (electric safety education for schoolchildren), contribution to the economic development of the region, and consumer protection program. Their research found that CSR programs lead to improved customer attitudes towards the firm, including beliefs about the company‘s honesty, consumer responses, and increased support for the firm in labor or government disputes. Mohr et al. (2001) conducted a consumer interview project for investigating the impact of firms‘ CSR on consumer behavior. How well are consumers aware of the CSR level of individual firms? Are the purchase decisions of consumers affected by a firm‘s CSR, and how much? How do consumers think about firms‘ motivation for being socially responsible? Mohr et al. (2001) found that consumers are positive to business in general. It is not wrong to pursue economic interests. Consumers expect firms to be socially responsible. The attitudes of consumers toward socially responsible firms are more positive than toward irresponsible firms. Consumers are aware that socially responsible firms are helping themselves by practicing CSR. But this perception of consumers does not harm the positive consumer evaluations toward socially responsible firms. The study of Mohr et al. (2001) is enlightening for researchers, managers and policy makers. For managers specifically, it is clear that consumers do care about a firm‘s CSR and act accordingly. Some consumers are highly ethical in
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Study In Some Quality Attribute Of Meat

Study In Some Quality Attribute Of Meat

Abstract: The study aimed to evaluate the quality attributes of fresh camel meat and beef. The result showed that hunter lightness (L) values were highly significant (P< 0.001) between the types of meat. Beef recorded higher values of lightness compared to camel meat as (35.40 and 29.56) respectively. Redness (a) values was significantly (P< 0.01) between the types of meat studied, hence beef recorded the higher values than that in camel meat as (19.60 and 16.45) respectively. The yellowness (b) values were significantly (P< 0.001) different between treatments, However, beef recorded the higher values than in camel meat as (7.78 and 5.10) respectively. In general, camel meat appeared brighter red than beef. Water holding capacity (WHC) was not significantly (P> 0.05) different among the two types of meat studied. The WHC values were (3.07 and 2.67) for camel and beef respectively. Shear force, which measures muscle tenderness, was not significantly (P> 0.05) different among the two types of meat studied. However, beef recorded the lower values than in camel meat as (4.60 and 5.11) respectively. Connective tissue strength values were highly significant (P< 0.001) between the types of meat. Hence, camel meat recorded higher values than beef as (3.57 and 2.62) respectively.
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Electronic Government In Democratic Public Service In One Door Integrated Permit Handling Services Agency In The City Of Samarinda

Electronic Government In Democratic Public Service In One Door Integrated Permit Handling Services Agency In The City Of Samarinda

influence of political interests or economical certain, 3) The obligation to be and to work with honest, imparsial, and efficient, 4) The obligation to always work with manners, good against people it serves, and to a superior, colleagues and his subordinates, 5) An Obligation to prevent themselves from the difference between private interests with the position of public spaces, 6) Obligation not to take advantage of unnatural or his position for personal interest, 7) The obligation to always behave in such a way for the sake of maintaining and increasing trust and confidence on public integrity, impartiality and the effectiveness of public services by, 8) An obligation to carry out tasks and functions iktikad on the basis either, perseverance based on professional skills, knowledge, and sufficient experience, 9) Obligation to always maintain a balance between respect for rights and freedom of citizens with an obligation to precede the public interest, and did not impose restrictions that unnatural unreasonable restrictions, 10) An obligation to respect the rights of citizens for public information, 11) Sanctions law firm to offences
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Decision-making frameworks for controversial public decision processes: A comparative analysis with a case study

Decision-making frameworks for controversial public decision processes: A comparative analysis with a case study

o form a mor le a strategic the river ba w plans and p evolve into oach" (Vide nt evaluation -Pereira and quality assur evaluation pr as socially sment, social uidelines incl ope[r]

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Investigating the influence of risk management on earnings volatility of the listed companies in Tehran stock exchange

Investigating the influence of risk management on earnings volatility of the listed companies in Tehran stock exchange

Edmonds et al, (2015) examined the relation between risk management behavior and earnings volatility of firms. Their results suggested that high quality implementation of risk management system results in decreased earnings volatility. Kelab & Wou (2014) investigated the relation between earnings volatility and earnings forecast capability in English and American firms. They examined 341 cases during 1991 to 2010 and concluded that there is a negative and significant relation between earnings forecast capability and earnings volatility in English and American firms. Ittner & Michels (2014) examined the relation between liquidity risk management of a business unit and earnings management forecast of the listed companies in U.S stock exchange. The results shown that liquidity risk
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Where are the women CEO's?: a study of the telecommunications industry in the U.S. & Finland

Where are the women CEO's?: a study of the telecommunications industry in the U.S. & Finland

The most cited factors during the interviews and in line with the literature review were: the importance of Networks. For the female leaders in Panel B, this seems to be a much more important factor impacting their career roadmap to the CEO and Minister position. For example, before interviewing for the CEO position at CTIA, Ms. Baker questioned why she had not been considered for the post. It was due to a recommendation from a former mentor, and not due to the head hunters that she learned and was considered for the position: “Originally, they did not call me, and Ralph de La Vega at AT&T said, do you think Meredith would be interested? And the head hunter said – I guess I will call her.” For Ms. Wilderotter, her networks provided a major push to her career growth, and to her position as CEO and Chair of Frontier Communications: “I had a very broad network. And one of things that I decided early in my career is that I wanted to hang out with CEOs because that’s how I would become one is to get to know one and see what the job is and to get into that circle. Again, joining boards at a very young age of 28, I was on the national cable television association board of directors, as a VP I was the only non-CEO on that board. And all my customers, I got to know all the CEOs of those companies. “From a very early age I set my sights on being involved with CEOs because I knew that that would help teach me how to become an effective CEO. Most of my mentors were men because at the time there were really no women in senior level positions, and quite frankly, there are still very little in telecom space. So I made my way through the guys’ network.” For Mr. Suri, Mr. Granryd, networks were definitely important but the impact was not emphasized as the women interviewed. Network and sponsorship almost seemed as a synonym.
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DECISION MAKING UNDER CONDITIONS OF UNCERTAINTY IN AGRICULTURE: A CASE STUDY OF OIL CROPS

DECISION MAKING UNDER CONDITIONS OF UNCERTAINTY IN AGRICULTURE: A CASE STUDY OF OIL CROPS

and market information about each individual crop constitutes an informative basis for decision- making. There is a significant amount of valuable agronomic and market information already available on main crop production, including oil crops (Rozman et al., 2006). However, the potential for a wider range of alternative crops, including oil pumpkin (Bavec and Bavec, 2006), should be evaluated in order to determine their break-crop characteristics and the benefits and challenges which they bring to systems (Robson et al., 2002). According to Lampkin and Measures (1999), the economics of oil pumpkin depends on market price, therefore enquires with potential buyers should be undertaken. However, recent farm management research has also shown oil pumpkin production can be financially feasible assuming that the pumpkin oil can be successfully sold. Pažek (2003) and Pažek et al. (2005) conducted a financial and economical analysis of farm product processing on Slovene farms using a simulation - modelling approach that included also pumpkin oil production. In agriculture there is a lack of studies that observe the application of criteria in the situation under uncertainness. From this reason in the paper five decision rules (criteria) commonly used in decision process under uncertainty were presented and applied in the case study of production and processing of oil pumpkin:
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Analysis information use for decision making in management person: case study in a bank

Analysis information use for decision making in management person: case study in a bank

The article examines the information use for decision making on personnal management. The specific objectives are: (i) identify the channels and sources of information, (ii) identify the barriers when seeking access to information (iii) describe the uses of information within a management information system developed by a company (iv) to verify the quality perceived by managers of a management information system. The research is a case study and investigated 273 managers of branches bank on Santa Catarina, Brazil. The analysis of the information was verified about three categories: (i) channels and sources of information, (ii) Barriers to access to information, (iii) Management information systems. The results shows that the internal formal channels and sources are the more used by managers, as internal rules and procedures (95%), Intranet (91%) Internal information (73%). Barriers to access information faced by managers were the information overload (67%) and lack of time (62%). The information system developed by company was analyze and evaluate by the managers of the bank. Finally, the analysis showed that managers need a lot of information for decision-making and this information is found within the bank.
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GENDER ISSUES IN ROMANIAN ACCOUNTING PROFESSION

GENDER ISSUES IN ROMANIAN ACCOUNTING PROFESSION

The analysis methodology is based on Wilson’s approach (1998) and the subsequent developments designed by Virolainen (2004), whereas the assessment of the operational form of the empiric relation between the logistically changed values of default rates by sector and the macroeconomic environment is achieved via SUR method. The information on default rates at sectoral level is achieved by accessing the archives of the Central Credit Register in Italy. The preliminary testing of explanatory variables includes an enlarged set of macroeconomic indicators comprising 22 factors but, at the end of the multivariate filtering, only seven systemic factors were elicited, namely economic growth, the degree of financial intermediation, the short-term interest rate, the real EUR/USD exchange rate, the inter-bank interest rate spread, the inflation rate and the price of oil. Out of these indicators, within the individual specifications, the presence of the eight equations forming the estimated system is higher for the first four indicators. Moreover, empirical results indicate that default rates have an autoregressive profile in six of the eight sectors, and the credit risk sensitivity to the dynamics of macroeconomic indicators is higher especially for five sectors, excepting mining, utilities and transports. Additional analyses (Fiori, Foglia and Iannotti, 2009) suggest that the assumption of the inter-sector contamination latent factors is confirmed, but the relevance of this risk source is lower than that regarding common exposures to the macroeconomic environment. Moreover, Fiori R. and Iannnotti S. (2010) apply a factor model to identify the common sources of risk driving fluctuations in the real and financial sectors. They find that the impact of a restrictive monetary policy shock on credit risk is amplified when considering the feedback effect deriving from macroeconomic and equity market risk. Thus, neglecting dynamic interactions among risks may lead to biased estimates of the overall risk measure. Their approach provides a framework for modelling macro and financial feedback dynamics, shedding some light on the complex interdependence between the financial sector and the real economy.
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Analysis information use for decision making in management person: case study in a bank

Analysis information use for decision making in management person: case study in a bank

The article examines the information use for decision making on personnal management. The specific objectives are: (i) identify the channels and sources of information, (ii) identify the barriers when seeking access to information (iii) describe the uses of information within a management information system developed by a company (iv) to verify the quality perceived by managers of a management information system. The research is a case study and investigated 273 managers of branches bank on Santa Catarina, Brazil. The analysis of the information was verified about three categories: (i) channels and sources of information, (ii) Barriers to access to information, (iii) Management information systems. The results shows that the internal formal channels and sources are the more used by managers, as internal rules and procedures (95%), Intranet (91%) Internal information (73%). Barriers to access information faced by managers were the information overload (67%) and lack of time (62%). The information system developed by company was analyze and evaluate by the managers of the bank. Finally, the analysis showed that managers need a lot of information for decision-making and this information is found within the bank.
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Investigating The Use Of Mobile Computing In Zimbabwe Polytechnics Case Of A Polytechnic In Zimbabwe

Investigating The Use Of Mobile Computing In Zimbabwe Polytechnics Case Of A Polytechnic In Zimbabwe

outside staff and lecture rooms, send and receive emails and communicate on social networks. This Polytechnic in particular, was one of the first institutions to install the wireless access points that accessed internet through the main fibre backbone. In 2009 it went on to procure laptops for staff members, starting with senior management, the Heads of departments and finally lectures. Students were then allowed to bring their own devices which could be configured to be able to access institutional WIFI (The Polytechnic ICT policy document, 2010). This was the beginning of mobile computing at the Polytechnic. Since then further strides were made in such areas as installation of applications that run on mobile devices through wireless connections, increasing internet bandwidth to improve speed as demand for internet went up, upgrading wireless access points to improve strength of connectivity, upgrading of servers to handle the demand and volumes and expansion of campus area network to cover the whole Polytechnic, procurement of more mobile devices. And the institution now boasts of such things as e-learning, m- learning, m-education, among other technologies that are giving it a competitive advantage over sister Polytechnics.
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