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Continuous Improvement Strategy - Viable Strategy for Romanian Companies

Author

Listed:
  • Sorin Gresoi

    (Artifex University)

  • Alina Gheorghe

    (The Bucharest University of Economic Studies)

Abstract

This paper presents, the first, a few general considerations on the economic strategies of the enterprise, including prerequisites and potential success of the company and, among other things, diagnostic studies. Next, we insisted on a strategy of continuous improvement, such as a strategy of companies in Romania, in terms of a lack of financial resources for most companies. This strategy promotes the idea of stepless change, with minimum cost and effort, continues with a maximum exploitation of human resources of company and based on some basic principles: orientation towards the customer, staff involvement, process approach, mutually beneficial relationships with suppliers. Constant improvement in performance has to be one of the objectives of the company. For this purpose you have made periodic analyses and examinations of audits, followed by activities to correct the negative aspects identified.

Suggested Citation

  • Sorin Gresoi & Alina Gheorghe, 2013. "Continuous Improvement Strategy - Viable Strategy for Romanian Companies," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 5(Special 1), pages 56-60, December.
  • Handle: RePEc:khe:journl:v:5:y:2013:i:1special:p:56-60
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    More about this item

    Keywords

    Strategies; quality; process; work; strategy;
    All these keywords.

    JEL classification:

    • M20 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - General

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