Project evaluation is the control of the planning and implementation of project activities with regard to the objectives to be achieved. In this paper we assume the objective to be efficient outcome and profit maximization. This means that project evaluation puts normative assessments into the...

Analysis of the cost structure of Indian Railways yields reasonable estimates of technical change, scale and substitution analysis. Technological advancements reduced fuel and labour services and increased capital services. Price elasticity of demand indicates that the own price elasticities of...

China is a prominent outsourcing destination in Asia. International labour outsourcing, specially in the IT sector, has grown rapidly in recent years. This article defines outsourcing through an extensive review of the literature and discusses the opportunities and challenges for outsourcing to...

The evolution of business systems consists of four key phases: the working, learning, thinking, and conscious phase. It seems that all four phases represent independent cycles. However, a closer look at the leading elements for added value creation (labour efficiency, knowledge, creativity,...

In article are presented results of empiric research in threat estimate criterion, by which is determined 15 criterions that are indispensably graded during performing the threat estimate. Correct choice of threat estimate criterion is basic condition to contemplate source and type of threat in...

The resource-based approach is a new promising theoretical framework that is applied to the internationalisation of SMEs. Derived from strategic management it provides value-added theoretical propositions about the uniqueness of certain resources that have turned out to be critical for the...

The paper concerns the setting of the shadow-prices for the costs and benefits of the regional development projects; the analysis is prepared on the output as well as on the impact level (long-run effects on the stakeholders). The article focuses on the most typical item connected with the...

The paper critically reviews various definitions, parameters, and models of measuring the degree of internationalisation of companies. It suggests some new elements to be included in such studies in the future.

The aim of this paper is to analyse whether legal rules, set up during the first years of the economic transition, could stimulate behaviour of economic subjects so that it would lead to desired results in macroeconomic benchmarks. This problem is solved using a case of joint-stock companies...

In this paper hypothesis of relation between unemployment and the rate of change in prices is tested in Croatia with data spanning from 1962 to 2004. Empirical test is designed with a goal of testing the original Phillips curve developed by A. W. Phillips and adaptive expectation augmented...