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 ...
Essays on Romania
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Romania is a country that is located strategically in Southeastern Europe. According to the CIA world fact book, it has a GDP of $186.5 billion and an annual growth rate of 5% as per 2016. It has a Purchasing Power Parity (PPP) of $441 billion and GDP per Capita of $22,300. Romania has a population of around 19 million people. A comparison between the communism era which lasted up to 1989 and the post-communism era upon introduction of a free market economy indicates that there has been a higher growth rate regarding trade. For instance, its Foreign Direct ...
Weaknesses
Compromised quality assurance departments Most of the food processing company’s quality assurance departments have failed in their work of inspecting and recommending the sale of safe foods. These departments should ensure that the food that enters the market is safe for human consumption. They should also ensure the labeling of the food containers has no defects at all. Unfortunately, they are allowing unsafe foods to enter the market.
Poor customer service
The most important thing that food manufacturing companies should ensure is quality customer service. They provide quality products that meet the needs of the customers. However, focusing on the case ...
The journey towards the European Union (EU) integration has experienced several turnings. This section of the essay will detail some of the core turning points in the EU integration. Establishment of a Common Agricultural Policy (CAP) was a major turning point in EU integration. The Treaty of Rome defined the specific objectives of the CAP. The CAP was introduced in 1962 (Folmern.p). The establishment of the CAP was enshrined to the state of food shortages after World War II. The aim of the CAP was to build a common European Community market and to cut off tariffs on agricultural ...
There are different points of view on the reasons to begin the Second World War. On this work there will be considered two points, one of them was described by John A. Vasques. The other book to consider was Why Nations Fight by Richard Ned Lebow. According to Vasques, World Wars occur rarely, and their reasons are curious. There are classical reasons for war, for example, territorial conflicts. On the other hand, Lebow insisted in the idea of national significance. This may be delivered through the mass aggression or war But in fact, there were a lot of participants ...
(1A). The shortage of talent in the global labor market has affected the employers' job filing efficiency. According to the report on global talent shortages, the number of employers having trouble in filling jobs due to this problem is on the rise. For instance, the percentage increased from 36 % in 2014 to 38 % in 2015.This year saw the highest percentage increase in lack of global talent since the 2008 recession. In Japan, where the problem is most severe, statistics show that t6his problem has persisted since the end of the recession. Some of the regions in the world also ...
Industry Background
The company chosen to be the focus of the discussion in this paper is Arcelik AS. It is a publicly listed firm in Turkey, under the Istanbul Bourse (formerly the Istanbul Stock Exchange). For the industry, analysis, two industries will be focused on since Arcelik AS markets a wide range of products in more than 100 countries. Its two biggest departments would be the consumer electronics and home appliances department. The company is a known manufacturer or white goods or large electrical products. Some of the best examples would include refrigerators, washing machines, freezers, dishwashers, coffee makers, food processors, ...
Introduction
This case study is about the Coca-Cola Company, the world’s leading soft drink giant. The organization has an American history that dates back to historical times when the food industry was still in its infancy. Coca-Cola deals in all the supply chain processes of beverage production. This includes the manufacture, marketing and distribution of its non-alcoholic brands. The company has an international presence that has allowed it to establish investments in various global destinations. Headquartered in Atlanta, the company boasts of its ownership of John Pemberton’s patent of the original Coca-Cola product (Greenfield, 2016). Coca-Cola Company’s ...
Introduction
In the contemporary corporate world, business organizations are increasingly expanding across national borders in order to meet their competitive requirements, availing the low cost and labor options, and to get the best talent from all over the world. However, from a multinational perspective, thinking about expansion usually begins with the concern of managing expatriates and their associated issues. This paper elucidates the case of our organization, which is expanding its business of selling undies/inner wears in the Romanian market. The business has initiated to invest with a local Romanian firm that will produce the product for both men and ...
1. Introduction Bulgaria is located between the Turkey and Romania in the Southeastern Europe and has a variety of different sports practiced by its citizens. The country of more than seven million citizens has been part of the summer and winter Olympics game from their early start. In the country the most popular sports are football - soccer, volleyball, various different gymnastics, wrestling, weight lifting and others. There are various different sport figures popular in the country, but they do not fully address the international sporting achievements of Bulgaria on the international level. The paper will present the country’ ...
Introduction
In the advent of globalization, an increasing number of people have opted to move across countries due to the relatively diminishing size of the world. Employers have also found themselves in receipt of multiple job applications from foreign individuals. The hiring and retention of a foreign employee are usually guided by a different legislation than the one governing the employment of national employees. One of the most fundamental freedoms provided by to the EU citizens is the free movement of persons. All EU citizens have unrestricted freedom to live, study and work in any member state of the union ...
Introduction
Germany is a leading and developed country of the Europe and has a remarkable influence on the economic structure and policies in the Europe. The country has an area of 357021 square kilometers and a population of 81.4 million people. The economic structure of Germany is social market structure. The country is rich in highly technical and skilled workforce, low levels of corruption and high capital stock. The major reliance is on the exports, and the country is the third largest exporter in the world. The economy of Germany is largest in the Europe, and the makes a fifth ...
Bulgaria
1. Key criteria and considerations The Bertos Financial Services Inc. is a multinational company with subsidiaries in Mexico, United States of America and Canada, all members of the North American Free Trade Agreement. The company has the objective to open a new subsidiary of the company in a new country with the goal to increase the market penetration and sales of the company (Buckley y Casson). The company has considered ten countries to ten countries to be candidates for the new subsidiary of the company. Those countries are Algeria, Argentina, Qatar, Brazil, Romania, Indonesia, Philippines, Slovenia, Ghana and Czech ...
Abstract
Continuing Professional Education (CPE) or Continuing Professional Development (CPD) enhanced the management, professionalism, team building, technology, interpersonal communication, accountability, and teaching. In the medical world, the knowledge, skills, attitude, and its concept has incorporated CPD in a wide range of competencies needed to practice the highest quality medical services, socially, ethically, and personally. The Diagnostic Medical Sonographer’s role is highly important to the treatment team such as the doctors, nurses, and other clinical health providers and the patients. The diagnostic medical Sonographer is a well-trained individual who operated the computers and machines to administer an image scan of ...