Annals of Spiru Haret University
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    622 research outputs found

    SCIENTIFIC FUNDAMENTALS OF STUDYING THE TERRITORIAL RECREATIONAL SYSTEM

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    Abstract: The set of phenomena related to recreational activities should be considered as a system, so that the object of study of recreational geography is the Territorial Recreational Systems (TRS). The main social function of TRS is to maximize the needs of the population in recreation, health, treatment and increasing physical and spiritual potential. TRS is an open system, it receives information, matter, energy from the external environment. TRS transmits to the external environment, mainly, information for the management of the supersystem and the so-called recreational information for the population (potentially aggregated by tourists) and, most important, it returns the tourists themselves - people after rest, healthy and spiritually enriched. Studying the models of development and functioning of the Territorial Recreational Systems (TRS) is inextricably linked to the problem of identifying the relationships between the individual elements of this system, such as tourists, natural complex, technical structures, service system) and between recreational and non-recreational systems (reinstallation) etc. Keywords: territorial recreational system, recreational geography, recreational activities, territorial orientation, cartographic modeling. UDC: 379.85Jel Classification: L8

    THE EFFECTS OF DOWNSIZING ON EMPLOYEE COMMITMENT IN THE FREIGHT MANAGEMENT SERVICES IN ZIMBABWE

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    AbstractDownsizing is viewed as a deliberate and systematic organisational reduction of workforce to cut costs and improve performance. There has been ongoing turmoil in the employment relations fraternity for the past few decades, exacerbated by global economic recessions and the need for organisations to adopt new technologies. The effects manifested in organisations’ widespread use and acceptance of downsizing globally. This paper aimed to investigate the untold effects of downsizing on employee commitment in Zimbabwe’s freight management services. Efforts were made to establish implications of the downsizing strategies that organisations in Zimbabwe used, and how employees in freight management services perceived the effects of downsizing on employee commitment. In addition, the present study aimed to identify challenges that employees and organisations faced throughout the downsizing process. The paper adopted a mixed-method research approach. The study found that downsizing was significantly caused by financial crises faced by most organisations in Zimbabwe. Conversely, the results of this study suggested that there was no significant relationship between downsizing and the organisational need to adopt new technologies in Zimbabwe. Interestingly, the study’s findings identified a positive shift in employees’ continuance commitment towards downsizing organisations in Zimbabwe. It was found also that employees remained committed to downsized organisations in Zimbabwe owing to fear of losing their income and a lack of alternative employment.  It was also noticed that employees in the freight management services organisations in Zimbabwe suffered detrimental psychological effects such as depression and mental breakdown during and after downsizing. Some recommendations were proffered to reduce the negative effects of downsizing on employees at the Zimbabwe’s freight management services

    Annual Accounting Information and Stock Price Reactions: Evidence from Nigeria Deposit Money Banks in West Africa

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    This paper examined the value relevance of accounting information and stock prices in Deposit Money Banks in Nigeria. Specifically, it assessed the behaviour of share prices in relation to accounting information in terms of earnings per share, book value per share, dividends per share and return on assets. The study adopted the expo-facto research design and the study elements covered all the 18 listed Deposit Money Banks; out of which, 10 Banks were selected as the study participants and this was achieved through a random sampling technique. The study covered 10 years, spanning from 2010-2019 and data were sourced from the fact book of the Nigeria Stock Exchange (NSE) and audited annual financial reports of the sampled banks. The estimation technique adopted in this study was panel data analysis technique. This was carried out after descriptive statistics and Pearson correlation. It was discovered that earnings per share, book value per share and dividends per share exert a positive and significant effect on stock prices and that return on assets exerts a positive and insignificant effect on stock prices. Based on the findings, it was established that accounting information has a positive effect on stock prices. Thus, it was recommended that timely and adequate accounting information should be made available by the management of Deposit Money Banks in Nigeria to induce the interest of investors and that investors are urged to pay more attention to earnings per share, book value per share and dividend per share in their investment decision

    INNOVATIVE SOLUTIONS FOR THE PRODUCTION OF BRICKS FROM WASTEWATER TREATMENT SLUDGE

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    Based on the need to recover various wastes such as waste from wastewater treatment plants, it is proposed to use sludge in the manufacture of various building materials as bricks. So far, bricks made of different materials and combinations of classical materials as burnt clay, cement, sand, but also of other unconventional materials, most of them coming from different wastes, are used in construction. In order to use the sludge for bricks fabrication, it is necessary to inert it and to obtain a moisture content below 80%. Also, the physico-chemical and ecological parameters must be suitable for sludge utilization and their values must be situated within the limits imposed by legislation. So, the sludge is centrifuged in order to reduce the moisture content from (90-95)% to a maximum of 80%, treated, then the sludge batches are characterised and finally the sludge is recovered by inert cement

    THE EFFECT OF MOTIVATION FOR THE PREVENTION OF CORRUPTION ACTS IN THE MINISTRY OF INTERNAL AFFAIRS

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    The report presents the objective need for motivation as an element of managerial impact in the Ministry of Internal Affairs. The activity of the state administration should correspond to the high public expectations for professional competence, legality, integrity, correctness and responsibility. That is why motivation is the key element that leads to the formation of specific behavior aimed at the observance of value orientations in the performance of official duties and is an important prerequisite for the prevention of corrupt behavior among the employees of the Ministry of Internal Affairs

    EFFECTS OF GLOBALISATION ON EMPLOYMENT RELATIONS WITHIN THE FILM INDUSTRY IN SOUTH AFRICA

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    Globalisation has been perceived as the integration and spread of information, processes and technology across organisations and nations. It has accelerated transformation and change in organisations, with the effect of strengthening or, as the case may be, weakening employment relations within organisations. Globalisation has been characterised by a rise in the use of casual employees, decentralisation and continuous advancement in technology, which ultimately affects employment relations. Therefore, this paper sets to explore the effects of globalisation on employment relations in South Africa’s film industry. The current investigation adopted a qualitative research approach, which was carried out in an organisation within the film industry in the city of Johannesburg, South Africa. Purposive sampling was used to collect data from ten employees at various levels in the organisation. Data was obtained by means of semi-structured face-to-face interviews with the research participants. The findings revealed that the effects of globalisation are twofold, as it has both positive and negative effects on organisations. From a positive perspective, it was found that globalisation has helped to promote inclusive workplaces, effectively manage tensions and conflict in the workplace, and improve communication between parties in the employment relationship. Furthermore, it was discovered that interactions between management and employees have increased since globalisation. Conversely, the current findings uncovered that there are increasing tensions in the employment relationship. There is also evidence of less training to workers in the film industry. The findings further revealed that using casual employees in the film industry has increased, and many of them are confronted with several challenges, as they do not get the same benefits that their counterparts in permanent employment receive. Hence, generally, this paper’s outcome could be used in organisations to address some of the negative effects of globalisation in respect of relationships in the workplace, particularly in the film industryg

    ANALYSIS OF SALES MANAGEMENT STRATEGIES. STUDY CASE TO A DISTRIBUTION COMPANY OF BUILDING MATERIALS AND INTERIOR FURNISHING ELEMENTS HEADED IN ROMANIA

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    This paper aims to study the sales in the field of construction materials and interior design, presenting in a case study, managerial aspects of the DedeRman SRL Company[1], as well as the factors that can influence the purchase decision. All these characteristics are closely related to management strategies, so its societal branch is vital to better anticipate buyers' wishes. Thus, the company DedeRman SRL has adopted as values: seriousness, honesty, diligence, and values, that have guaranteed this company the road to success. The theme of this project was chosen because of the importance of management strategies aimed at construction materials, a vast field, which is in continuous development, being at the same time a good field to exploit.This work aims to achieve the following objectives:• Knowing the distribution of projects monitored in 2021• Identifying the evolution of the construction materials market both internally and externally• Knowing the types of customers• Identifying the strengths and weaknesses of the DedeRman SRL company• Recognition of some communication parameters that influence the company's management.The novelty of this topic is represented by the management analysis of the DedeRman SRL company and the construction materials market in a pandemic context.[1] For data and information security reasons, the real name of the company will not be disclosed. Thank you for understanding

    FDI and income convergence in Central European transition countries_AnaleEc

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    Foreign direct investment generates a number of benefits, especially for developing and transition countries, and, therefore, it is a major factor in economic development. Some of the advantages of foreign direct investments are technology and knowledge spillover, increased employment and competition and improved balance of payments. The aim of this research is examining the effect of foreign direct investment on income convergence of Central European transition countries. Regression analysis is used to test this effect. The results indicate that Central European transition countries with a higher inflow of foreign capital achieve more propulsive convergence towards the average income of developed countries of the European Union. The results of the research can be useful for the economic policy makers of transition countries.

    WHAT WILL THE FUTURE OF CREATIVITY AND INNOVATION IN PUBLIC RELATIONS LOOK LIKE?

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    Abstract: In this paper we talk about creativity in public relations, that is clear that we need. For us, creativity in public relations can be a mean, a novel way to accomplish an objective more easily, more efficiently and more quickly. It is clear that every client appreciates creativity, but in many situations it does not translate into events or visible messages for a mass audience and then it is not visible. We also talk in our paper about the profile of a creative relationalist, that must be: involved, informed, avid after work, possessing theoretical knowledge, having flexible and positive thinking, beeing visionary. In this paper we will try to demonstrate that creativity can occur in one of the following situations: either in strategy (positioning, planning), or in execution (tactics, presentation materials, information). 

    DIGITAL EURO AS NEXT EVOLUTION OF THE EUROPEAN CURRENCY

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    Digitalisation has spread to every corner of our lives and transformed how we pay. In this new era, a digital euro would guarantee that citizens in the euro area can maintain costless access to a simple, universally accepted, safe and trusted means of payment. A digital euro would not replace cash, but rather complement it. The Eurosystem will continue to ensure the access to cash across the euro area. A digital euro would give an additional choice about how to pay and make it easier to do so, contributing to accessibility and inclusion. It would support the digitalisation of the European economy and actively encourage innovation in retail payments

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