The international economic crisis will drastically reduce the number of tourists visiting Romania this year. There will be a tough fight over tourists’ money. One way for keeping the existing tourists and gaining new ones is by raising the quality of accommodation and nourishment services. The...

The study of leadership in the context of the hotel industry and hospitality industry in Romania was characterized by sporadic attempts to identify the optimal and effective leadership style and also the most desired by the employees. Few researches were focused on identifying the positive or...

The present paper puts forth an evolutionary description of leadership maintaining the belief that nowadays leadership must appreciate teamwork, acknowledge the importance of diversity, know how to share power, knowledge, success and failure with subordinates. Power is an ingredient of...

The world economy is currently experiencing one of the biggest economic crises since the Second World War to the present. Crisis erupted in the United States and with indescribable force expanded worldwide causing serious difficulties both within the banking system and the real economy. The...

The purpose of research is the systemic analysis of Romanian management model (RMM), analysis and development of methods, techniques, procedures and tools, original or adapted to our country specific, by specialists and experts in management. The analysis considers the Romanian companies that...

The competitiveness and performance of hotels depends on their innovation activity, that’s why managers have to focus on the necessity of implementing and integrating information and communication technologies in their businesses. The purpose of this paper is to compare the managerial...

The Porter’s model of competitive advantage has deeply influence the strategic management point of view of the last decades. The strategic management thought is itself greatly renewed during the ninety years for giving an answer to the environment’s transformations. The survey of the...

The purpose of this article is to present the role of cost-benefit analysis (CBA) in funding investment projects linked to the EU cohesion policy. The purpose of using ex-ante cost-benefit analysis has two aspects. On the one hand, the results of economic analysis must show that deserves and is...

Contemporary public management models require significant changes of the involved tools and techniques. It has switched from the analysis and processing based on historical data to methods based on correlated projections and internationally recognized rules. The performance audit need to be...

The specific constraints known by the public sector, especially in the last two decades, raise a series of questions, not only from the perspective of the State’s capacity to exercise its shareholder role, but also from the one of the public enterprises’ capacity to obtain performance. Their...