This paper improves upon the existing literature surrounding the production order quantity inventory model in which unit cost and daily production are assumed to be constant. By including economies of scale into the model, we examine its impact on production order quantity and total cost. The...

The balanced scorecard is one of the most successful, endurable management concepts in recent years. The balanced scorecard is a performance measurement tool developed in 1992 by Harvard Business School professor Robert S. Kaplan and management consultant David P. Norton. Kaplan and Norton's...

Business students often have difficulty integrating economics reasoning into other business disciplines because of differences in the format and presentation of financial data across disciplines. Economics courses use one format while Accounting and other business courses use another. This paper...

In this work we analyse to what degree the efficiency of a publicly owned non-monopolistic enterprise improves as a result of the introduction of strategic organizational reforms consisting of adopting "private-firm-like" management practices, criteria, and governance structure; i.e....

This study is an exploration of the dynamics of the present Romanian SME’ landscape. I offer first an overview of the characteristics of Romanian entrepreneurship and of the general impact of the recent crisis on the Romanian SME. I outline further the main constraints faced by the SME in the...

This paper uses an ordered probit model on a sample of 427 students enrolled in operations management; a required course in the curriculum of many business colleges. Analysis on the estimated mode l and further study into the marginal impact of each explanatory variable displays the expected...

Traditionally in India the Government owned enterprises has been cursed by people and scholars equally. The notional drivers of change and progress, these giants have been criticized over the years as grossly inefficient, over staffed, bureaucratic and killingly slow in decision making. Though...

Most of Business Excellence – Total Quality models provide a static view and processing of Total Quality issues. This paper proposes a system of Business Excellence taking into consideration: current European practices of Total Quality and competitiveness, a modular, open architecture like...

The development of information technology has affected the banking business strategy. Internet have been the backbone in the last decade in expanding the banking business, especially in increasing financial transaction services. The term online banking has emerged and became an aspect in banking...

This study focuses on the management skills of respondents from Sahiwal, Pakistan, to see if gender and education can be significant factors in their technical, human and conceptual competencies. The results of 470 Pakistani adults show that there are significant differences in their management...