...Power Distance This index represents the extent to which individuals with less power in a country expect and accept that power is unequally distributed. How power is divided is usually explained by the behavior of powerful individuals, the managers and not of the leaded ones. Inquiries made to observe differences between countries on this index indicate that differences exist both for leaded and leaders, but the results gathered from first type of individuals are more relevant. This is because we are all better observers of our leader’s behavior than of our own behavior. In the study that Geert Hofstede developed for IBM in 1984, the power distance index in Romania is 90, of a maximum of 100, which means that features of a great power distance are well highlighted in our country. Among these traits observed by Geert Hofstede, we mention that inequalities between people are expected and desirable and that people with less power should dep end on the strongest. Regarding education, it is assumed that all the initiatives in class come from the teachers that transfer their own knowledge to students, which treat teachers with respect. Hierarchy in organizations reflects the existent inequality between the ones from the top and the ones from the bottom, centralization being characteristic, and the difference between wages between upper and lower level is very high. The leader is ideally a benevolent autocrat or a good parent, the subordinates waiting to be told what to do and...
Words: 1016 - Pages: 5
...Available online at www.sciencedirect.com Procedia - Social and Behavioral Sciences 46 (2012) 5553 – 5557 WCES 2012 elop an entrepreneurial spirit Lia Codrina Contiu a *, Manuela Rozalia Gabor b*, Daniela Stefanescu c a bc , Tirgu-Mures, N. Iorga no. 1, 540088, Romania Abstract As corporate entrepreneurship plays an important role in the process of strategic renewal of existing firms, universities are the means through which students can develop their innovative and entrepreneurial spirit. But there are many influences and factors ial spirit. Based on these considerations Economics, Law and Administrative Sciences, Tirgu-Mures, Romania, regarding the four cultural dimensions developed by Geert Hofstede. This study tests the proposition that Romanian students are collectivism and femininity-oriented, belong to a high power distance culture and try to avoid uncertainty, dimensions that hinder the entrepreneurial spirit development. © 2012 Published by Elsevier Ltd. Selection and/or peer review under responsibility of Prof. Dr. Hüseyin Uzunboylu 12 Published by Elsevier Ltd. Keywords: cultural dimensions, universities, entrepreneurial spirit, collectivism, femininity, uncertainty avoidance, power distance; 1. Introduction Culture is to organizations as personality is to people a unique identity that sets one apart from all others. Like areas of a city, regions of a country, or groups of differing ethnicity, organizations have their own distinct culture that establishes...
Words: 2735 - Pages: 11
...without proper understanding of why this tradition was created, or its past bitter sweet benefit to the Romani Gypsies. Anglo-Saxon territories are working with the Romani government to destroy tradition, through law and media. Should these reigning powers interfere with this cultural tradition? The painful answer is no. Henry Ward Beecher (1813-1887), an American social reformer and abolitionist, once said, “We should not judge people by their peak of excellence; but by the distance they have traveled from the point where they started.” Slavery was the chief cause of the Romani child marriages. For five-hundred years Romani Gypsies suffered enslavement in Romania. These slaves shared many similarities with slaves in United States (US) between 1619 and 1865, (PBS.org). The Gypsies were raped and brutally beaten; young Roma girls were used for sexual enjoyment and bred like livestock. However, Roma parents unearthed a bitter social option, which the American slaves did not have. By wedding their young daughters, consummation would strongly discourage slave owners from raping the children, because they were no longer virgins and considered unclean. (Nicolae, 2009) It is imperative to understand that only a small fraction of Romania practices arranged marriages, and a...
Words: 1039 - Pages: 5
...România , formerly also spelled Roumania and Rumania, is a country located between Central Europe and Southeastern Europe, bordering the Black Sea. Romania shares a border with Hungary and Serbia to the west, Ukraine and Moldova to the northeast and east, and Bulgaria to the south. At 238,391 square kilometres (92,043 sq mi), Romania is the ninth largest country of the European Union by area, and has the seventh largest population of the European Union with 20,121,641 people (20 October 2011). Its capital and largest city is Bucharest – the sixth largest city in the EU. Demographic Romania: According to the 2011 census, Romania's population is 20,121,641. Like other countries in the region, its population is expected to gradually decline in the coming years as a result of sub-replacement fertility rates and negative net migration rate. In October 2011 Romanians made up 88.6% of the population. The largest ethnic minorities are the Romanians, who make up 89% of the population, ,Hungarians who make up 6.5% of the population and Roma, who make up 3.2% of the population, the 1.3% are from the other countries. Climate Romania: Owing to its distance from the open sea and position on the southeastern portion of the European continent, Romania has a climate that is temperate and continental, with four distinct seasons. Romania enjoys four seasons, though there is a rapid transition from winter to summer. Autumn is frequently longer, with dry warm weather from September...
Words: 2308 - Pages: 10
...we take them for granted without ever questioning if these norms rule the behavior of everyone else as well. As I grew up, I received a certain education, got involved in extracurricular activities, things that shaped my personality, my way of being, my values and beliefs. I used to think of myself as very caring about the people that surrounded me, a militant for equality between men and women - attributes that are not entirely confirmed by my personal cultural profile according to Hofstede’s dimensions. At a first glance, when looking at the graph below (Fig.1) one can see that I have a relatively low score for the Power Distance Index, high for both Individualism and Masculinity/Femininity, low for Uncertainty Avoidance and medium for Long Term Orientation. But how do these scores reflect themselves in my personality? The score for Power Distance can be translated into me preferring a flatter organization in a company where equality amongst employees and supervisors is encouraged. Thus, the use of teamwork is highly important when completing my tasks and as far as I am concerned, my decision making style falls between consultative and participative, always trying to involve the directly concerned people in the process. Moreover, as much as I like to involve other persons in the decision making process, when working in a company, I expect to be consulted when decisions are made. Due to my individualistic feature, I value personal independence; I enjoy engaging in debates...
Words: 620 - Pages: 3
...accumulation. Classification of coal: Coal (7000-9000 kcal / kg): anthracite, coal Quality coal (2600-5000 kcal / kg) brown coal, lignite, peat Historically the use of coal Late nineteenth century - coal had a role in the development of industry (coal century). Widely used as fuel for steam engine - James Watt (creator of the first motor efficiency). The widespread use of coal: Getting coke resulting from the high temperature carbonization process, the distillation of coal in the absence of oxygen. The coke used as fuel in the steel (for obtaining one ton of steel requires 600 kg coke). The material or by-product in the manufacture of iron, calcium carbide and other industrial thereof. Fuel for power generation and chemicals. construction materials fuel for power stations and cement factories (3/4 of the demand for coal) Chemical Industry Getting paints, plastics, synthetic fibers, fertilizers, etc.. Pharmaceutical industry. Domestic heating fuel Synthetic Fuel Coal Liquefaction Evaluation of coal resources: 1913 - International Geological Congress in Turin (7100 billion tons) - North America 68% - Asia 17% - Europe 10% -...
Words: 3184 - Pages: 13
...1. Task We had four countries to compare and ultimately decide which one should be the preferred European country where Fat Face should expand to. The management team at Fat face have managed to narrow it down to Croatia, Italy, Romania and Sweden. Using Macro environmental factor we aim to narrow it down further into two countries. Finally using macro, micro and other factors we seek the most suitable option. In order for our team of consultants to determine which country to select an evaluation of the candidate countries has to be executed, which should in turn provide insight into tradeoffs that should be made, allowing justified reasons to be given for the final country selected (Beim, G and Levesque, M, 2004.) 2. Introduction - About Fat Face Marketing is - “…the multinational process of planning and executing the conception, pricing, promotion and distribution of ideas, goods, and services to create exchanges that satisfy individual and organisational objectives.”- Onkvist et al. It is essential that Fat Face acts better than the direct competitors and with the purpose of generating profit. Going international in itself is an enormously high cost exercise in terms of money and top management time and commitment. Therefore international expansion must generate added value not only in terms of larger sales quantities, but more. (S. Hollensen (2007)) So Fat Face needs to gain competitive advantage, by filling in a niche and using its brand image as a unique selling...
Words: 5387 - Pages: 22
...SDA BOCCONI -‐ GEMBA8 CLASS 2015 QUANTITATIVE METHODS PERSONAL ASSIGNMENT DATA ANALYSIS BY LORENZO CORONATI Prof. Maurizio Poli Via Bocconi 8 Office room: 517 (5th floor) E-‐Mail: maurizio.poli@sdabocconi.it 1 1. PRELIMINARY ANALYSIS The main scope of the work and the data analysis consist in developing a multiple linear regression model capable of demonstrate the function between ITC cost and the selected independent variables. All data in this work have been extrapolated from Dataset Eurostat Datawherehouse. The statistical units that have been studied are the 15 countries of the European Community as described in table 1. It has been utilized for the analysis...
Words: 1287 - Pages: 6
...www.pwc.com/ro The Romanian Tax Pocket Book 2011 Edition TaxOnline.ro is the online solution that brings PwC professional tax services to the internet. We invite you to visit the website (www.taxonline.ro) and to enrol for a FREE 30-day trial to We invite you to visit the website (www.taxonline.ro) and to enrol for a FREE 30-day trial to our PREMIUM our PREMIUM subscription. After the expiry of the free trial period, access can be available for subscription. After the expiry of the free trial period, access can be available for the following types of the following types of subscriptions: subscriptions: STANDARD subscription - FREE STANDARD subscription - FREE TaxOnline.ro is the online solution that brings PwC professional tax services to the internet. • Daily Tax Update & Tax and Legal Alerts Daily Tax Update & Tax and Legal Alerts • Romanian, EUEU and Intl taxation regulatory section Romanian, and Intl taxation - - regulatory section Read only access to the TaxOnline Forum • Read only access to the TaxOnline Forum PREMIUM subscription Access to analysis and opinions of of our consultants on hot taxissues Access to analysis and opinions our consultants on hot tax issues Ability to a question online and receive a a response from our PwC consultants Ability to askask a question online and receive response from our PwC tax consultants FullFull participation our TaxOnline Forum participation in in our TaxOnline Forum Daily Tax Update & Tax and Legal Alerts Daily Tax...
Words: 25399 - Pages: 102
...Roads, Highways, and Bridges Runoff controls are essential to preventing polluted runoff from roads, highways and bridges from reaching surface waters. Erosion during and after construction of roads, highway and bridges can contribute large amounts of sediment and silt to runoff waters, which can deteriorate water quality and lead to fish kills and other ecological problems. Heavy metals, oils, other toxic substances and debris from construction traffic and spillage can be absorbed by soil at construction sites and carried with runoff water to lakes, rivers and bays. Runoff control measures can be installed at the time of road, highway and bridge construction to reduce runoff pollution both during and after construction. Such measures can effectively limit the entry of pollutants into surface waters and ground waters and protect their quality, fish habitats and public health. Pesticides and fertilizers used along roadways rights-of-way and adjoining land can pollute surface waters and ground water when they filter into the soil or are blown by wind from the area where they are applied. The best way to prevent such is to shut down the areas where there is being any form of construction on the highways. Random Emission Testing Over a period of years the people have tried to tell the state and federal officials that the mandates embodied in the Clean Air Act of 1990 were based on incorrect assumptions, faulty science and hidden or self-serving agendas. One of the more counterproductive...
Words: 723 - Pages: 3
...BUCHAREST UNIVERSITY OF ECONOMIC STUDIES BUSINESS ADMINISTRATION FACULTY (ENGLISH Section) Analysis of Metro GroupInternational Business project | | Students: Custură Ruxandra Gabriela Imre Botond Munteanu Teodora Metro Group 1. Description of the company 1.1 Field of activity Metro AG, is otherwise known as Metro Group, established in 1964 by Otto Beisheim. It is a German global diversified retail and wholesale/cash and carry group based in Düsseldorf. It has the largest market share in its home market, and is one of the most globalised retail and wholesale corporations. It is the fifth-largest retailer in the world measured by revenues (after Wal-Mart, Carrefour, Tesco and Kroger). Metro Group has 280.000 employees, from 180 nations, with over 2.200 outlets in 32 countries in Europe, Africa and Asia. With this force, Metro Group is one of the most important international retailing companies. In Metro AG portfolio we can find some internationally strong sales brands like: * Metro Cash & Carry - the world's market leader in cash & carry; * Real Hypermarkets – purchased by Auchan; * Media Markt and Saturn - Europe' s leader in consumer electronic retailing; * Galeria Kaufhof - the system leader in the department store business. When doing business, Metro AG goes after important values such as: * Responsibility towards our customers, stockholders and the public; * Innovative strength is one key to success; ...
Words: 5612 - Pages: 23
...GENERAL OVERVIEW - BULGARIA Current Status of Biomass Energy There exists a large potential to utilize biomass as an energy source in Bulgaria. Bulgaria has a total land area of approximately 110,000 km2, of which some 6,200,000 ha, or approximately 60 percent of the overall land area, consists of arable and agriculture lands, and 3,903,000 ha, or approximately 30 percent, is forest cover. While information regarding the use and potential of biomass has been limited, there have been recent developments through pilot projects and preliminary evaluations that do begin to highlight Bulgaria’s full potential. Next to the country’s hydro resources, biomass accounts for a sizable share of Bulgaria’s final energy consumption, approximately 3.7 percent or 409,000 toe of the calculated 10,918,000 toe total consumption (Sofia Energy Center data report). Due to the lack of reliable nationwide assessments and data, it is estimated that in practice this number is much larger. The majority of the biomass energy consumption exists mainly in the rural areas, where fuelwood, followed by the residential consumption of wood briquettes produced from forestry wastes and sawmill byproducts amount to approximately 2 million m3 per year. In addition, wastes generated from agricultural and farming activities are produced in large quantities and exploitation of these wastes can prove to be significant source for energy generation. As the land of Bulgaria is rich and fertile, farming activities...
Words: 7352 - Pages: 30
...Student Name : Victor Belinschi Student Number: 10022233 Course Title: MBA in Business Management Lecturer Name: Dr. PJ Paul Module/Subject Title: International Management Assignment Title: PESTEL Analysis Nr. of Words: 3231 (Excluding References) I have chosen to write a PESTEL analysis for LIDL (the food retailer from Europe) in the context of a potential expansion to Moldova, my home country. This particular industry was chosen because there are no major food retailers in our country besides the Metro Cash & Carry. Therefore, our market is relatively young and with potential to grow. Political Factor The Republic of Moldova is a relatively young country as it gained its independence in 1990 when the USSR had collapsed. From that year on, the Moldavian people have struggled to install democracy. Until 2000 Moldova has been governed by democratic forces and has already achieved some progress in installing a fair and efficient legal system. Unfortunately for many persons, the elections of 2000 have identified the Communist party as the winner. The Communists have governed the country until 2008 when they have lost the elections in favour of the three democratic parties: Liber Party, Liberal-Democratic Party and the Democratic Party. However, the disparity of votes between the opposition and the winning forces was relatively insignificant and in order to have a consolidated majority in the Parliament and to be able to efficiently adopt legislation, the...
Words: 3632 - Pages: 15
...December 2011 Mini Country Report/Romania under Specific Contract for the Integration of INNO Policy TrendChart with ERAWATCH (2011-2012) Mini Country Report Thematic Report 2011 under Specific Contract for the Integration of INNO Policy TrendChart with ERAWATCH (2011-2012) December 2011 Author: Marina Ranga, Stanford University Table of Contents Preface ii Executive Summary iii 1. Innovation policy trends 1 1.1 Trends and key challenges for innovation policy 1 1.2 Innovation governance 7 1.3 Recent changes in the innovation policy mix 12 1.4 Internationalisation of innovation policies 15 1.5 Evidence on effectiveness of innovation policy 16 2. Innovation policy budgets – an overview 19 2.1 Trends in funding of innovation measures 19 2.2 Departmental and implementing agency budgets for innovation policies 2 1 2.3 Future challenges for funding of innovation policy 22 3. Thematic report: Demand-side innovation policies 23 3.1 Trends in the use of demand-side innovation policies 24 3.2 Governance challenges 30 3.3 Recent demand-side innovation policy measures 3 1 3.3.1 Sectoral specificities 3 1 3.3.2 Good practice case 3 1 Appendix A : Plan to increase the efficiency and effectiveness of RDI expenditure (Summary of provisions) 32 Appendix B : Recommendations of World Bank’s Functional Review for the reform of the Romanian RDI...
Words: 18856 - Pages: 76
...Introduction With the initiation of global economy comes an increased interaction between people of different countries and an increase in the need to deal with cultural differences. Thus, there must be an understanding of how the international project will affect people and how people will affect the project. This requires an understanding of economic, demographic, educational, ethical, ethnic, religious, and other characteristic of the people for whom the project affects or who have an interest in the project (Egeland, 2011). Today’s projects have dramatically increased in complexity, which requires a culturally and functionally diverse mix of individuals who must be assimilated into an effective unit – a project team. In order for the project to succeed it will be predicated upon the effectiveness of teamwork during all phases of the project life cycle (Knutson, J, 2001). Therefore, it is critical that organizations involved in international projects take into consideration “cultural risk”, which, if not consciously recognized may lead to ineffectiveness and in some cases prove to be very costly (Sennara & Hartman, 2002). Therefore, it must be understood that the most crucial element in international projects is “culture” (PM Hut, 2012). What is Culture? “Culture” refers to a way of life for a group or community that practices and shares values and common experiences that shapes the way in which the group or community understands the world. These values and practices...
Words: 3224 - Pages: 13