Fatigue is considered to be the most common mechanism by which engineering components fail, and it accounts for at least 90% of all service failures attributed to mechanical causes. Mechanical properties (tensile strength, tensile strain, Young modulus, etc) as well as fatigue properties...

The purpose of this paper is to outline a conceptual framework of team social capital as a basis for reaching organizational team synergy. The dimensions of team social capital and the basic conditions required for organizational team synergy enable the extension of current model of team social...

Over the last years we observed that whenever crisis hits, interest in guarantee arrangements rises. The current financial crisis is no exception in this respect. It turns the spotlight on the operation of the financial safety net and provides policy makers with a unique opportunity to monitor...

Following the intensification of the international financial crisis in autumn 2008, the functioning of the financial system was seriously hindered. Central banks around the world responded firmly by lowering their key interest rates to historically low levels. As financial conditions did not...

Competitiveness increase has become a primordial framework of the social and economic development strategies of most world countries (mainly the most developed ones) over the last decades. The vigorous boost of the contemporary phenomenon of globalization, which has widened the global area of...

Every business organisation involves some elements of risk. Unmitigated risks can result in lost opportunity, financial losses, loss of reputation, or loss of the right to operate in a jurisdiction. Like any other risk type, understanding business risks is quite important for every business to...

It is widely recognized that the exercise of the activity of management, as of all human activities, is not a purpose in itself, but rather a means to increase economic and social efficiency. To achieve a higher efficiency, the management has a major contribution, due to its deep involvement in...

The objective of the present study is to explore the issue of the forecasting of economic crisis using the neural network. The subject is of great importance in the economy, more so as that most countries affected by crisis, declared at the end of 2010, the economic growth but the crisis...

This paper aims to accurately characterize the dynamics of the structural indicators of the assets in the credit institutions operating in Romania through an empirical mathematical model of dual function: regulation and control. The model can be used to predict the future evolution of the...

Covering medical costs is very important, in order to solve the various financial problems that limit the users’ access to health care (patients attending the public hospitals). Designing a new model of financing system by using an additional levy to the local tax revenue is one of the...