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Did The Danube Delta Pensions Managed To Overcome The Economic Crisis?

Author

Listed:
  • CRETU Raluca Florentina

    (University of Economic Studies, Bucharest, Romania)

  • STEFAN Petrica

    (University of Agricultural Sciences, Bucharest, Romania)

  • CRETU Romeo Catalin

    (University of Agricultural Sciences, Bucharest, Romania)

Abstract

In the knowledge economy and competitiveness, economic and financial analysis of a company in every industry generally, the hospitality industry in particular, is an indispensable tool, which aims radiography entire business of the company, to diagnose strengths and weaknesses but also identify opportunities and threats coming from the market.One of the most important indicators measuring the economic performance of a company is turnover. This indicator enables research dimension, held in place within the industry, market position, economic entity's ability to initiate effective and efficient. Thus, the turnover reflects the degree of health of the company. In this paper we analysed in terms of economic and financial representative guesthouse in the Danube Delta to see the actual situation of tourism in the area. The main purpose was to see if the pensions of Delta managed to overcome the economic crisis global and national.

Suggested Citation

  • CRETU Raluca Florentina & STEFAN Petrica & CRETU Romeo Catalin, 2016. "Did The Danube Delta Pensions Managed To Overcome The Economic Crisis?," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 68(2), pages 43-55, September.
    • Handle: RePEc:blg:reveco:v:68:y:2016:i:2:p:43-55
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    More about this item

    Keywords

    crisis; danube delta; economic analysis; financial analysis; turnover;
    All these keywords.

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • C00 - Mathematical and Quantitative Methods - - General - - - General
    • D02 - Microeconomics - - General - - - Institutions: Design, Formation, Operations, and Impact
    • E00 - Macroeconomics and Monetary Economics - - General - - - General
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development

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