Romania is the forty-sixth largest economy globally and ranked thirty-eighth in the most complex economy category based on the ECI (economic complexity index). The country has however faced a perpetual trade deficit (Steers, 456-461). Total exports into the country in 2009, for instance, amounted to $49.41 billion whereas the imports were $76.2 billion. In 2014 also, according to the ECI, Romania had an export of $71.4billion compared to $75.6 billion imports. In as much as an increase in trade is observable, the country is plagued by a perpetual trade deficit (Goschin, 24-37). To turn this scenario around and improve ...
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The business environment is witnessing multiple changes, and that calls for constant innovations in every enterprise to ensure that they can stay in line with the shifting dimensions. Technology is one of the most influential forces in the market with various implementations providing each company with an opportunity for better performance. The airline industry has evolved since the beginning and requiring innovations in the business models to keep up with the changing trends (Marques, 2015). Various factors influence the performance of air travel companies, most of them deriving from the conditions in other market aspects. For example, movements in ...
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The Family and Medical Leave Act was passed by former President Bill Clinton in 1993 as his first priority in his first year of office. This Act seeks to help employees find a balance in their work and family life to promote optimum psycho- social stability and optimum production levels. This is a federal law that comprises employers in America to offer qualified employees job security and unpaid leave on the event of household circumstances. The law qualifies a person if, the employee works for a company of more than 50 workers having worked for more than a year with 1250 hour service to ...