Following the Black Swan logic, it often happens that what we do not know becomes more relevant that what we (believe to) know. The management of extreme risks falls under this paradigm in the sense that it cannot be limited to a static approach based only on objective and easily quantifiable...

Starting from the definition of the clusters that Michael Porter formulated in 1998 the paper investigates approaches of clusters in practice in different fields and countries inside or outside European Union,captured in the scientific literature. The aim of the investigation is to find the...

This paper is talking about communication use in emergency situations management from a marketing perspective. We have analyzed if this communication is different from the communication of a company with her publics; the legislation which provides the framework for this type of communication in...

The Society perceives the dangers as threats, challenges and risks. Risk is defined as direct and assumed threat. Most of all, the highest risks in modern society are likely asymmetric.They include the whole sphere of human activity and they are accompanying man in almost everything he does. As...

The aim of the paper is to establish the future intervention priorities in building a new programme that would target the economic development in the research area. The used methodology included an adapted A’WOT analysis - an initial SWOT analysis and a prioritization of the items through an...

The recent crisis and turbulences have significantly changed the consumers’ behavior, especially through its access possibility and satisfaction, but also the new dynamic flexible adjustment of the supply of goods and services. The access possibility and consumer satisfaction should be...

The study aims to create an integrated framework of analysis allowing the optimization of government decisions to intervene in case of a major terrorist attack for limiting the consequences and restoring order and functionality, based on a set of specific models. This initiative is due to the...

It is known that the environment and the human society often support the actions of some dangerous phenomena of different origins,natural or anthropogenic, that may cause destructive and brutal disturbances in some systems or default situations. In the following, some natural catastrophic events...

The SMEs financing issue in the current post crisis context has changed. The access and the new financing conditions complicate the restart of engines of the development for all types of firm’s activity. The paper presents an analysis of possible innovative financing solutions, particularly...

The management of crises caused by terrorist attacks proved an insufficient capacity of the governments to manage extreme risks in most of the recent cases. After the ‘90s, the philosophy of terrorism changed and it therefore requires immediate governmental intervention. The mega terrorism...