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Workforce/Manpower, Determining Factor Of Production Within A Firm

Author

Listed:
  • Alexandru TRIFU

    (Petre Andrei University of Iasi, Iasi, Romania)

  • Ina CROITORU

    (Petre Andrei University of Iasi, Iasi, Romania)

Abstract

Numerous studies demonstrate there is an indestructible relationship between educating, training and motivating the young generation and assuring the well-being and progress of any economy, by providing the necessary features of the manpower. This study aims to emphasize the outlook of some important regions of the world economy, regarding the formation of manpower as a result of the implication of the education systems and governments representatives in this process, given the present economic and social environment. Furthermore, we also want to emphasize the difference between manpower and workforce, the last one being the physical approach of the labor. But, together with the ideas, skills, capabilities, competencies, charisma, the spirit to undertake the business risks, capacities for innovation, in a word, manpower + entrepreneurship factor of production is determining in the functioning of any economic activity, or business and support the progress and the trends towards wealth and well-being of any party involved in. The use of new terms, the reinvention of the work models, a stronger link of the economic phenomena and processes with the human factor, this is the current period main characteristic.

Suggested Citation

  • Alexandru TRIFU & Ina CROITORU, 2013. "Workforce/Manpower, Determining Factor Of Production Within A Firm," Business Excellence and Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 3(4), pages 70-83, December.
    • Handle: RePEc:rom:bemann:v:3:y:2013:i:4:p:70-83
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    File URL: https://beman.ase.ro/no34/6.pdf
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    References listed on IDEAS

    as
    1. Gill Hammond & Ravi Kanbur & Eswar Prasad, 2009. "Monetary Policy Challenges for Emerging Market Economies," Chapters, in: Gill Hammond & Ravi Kanbur & Eswar Prasad (ed.), Monetary Policy Frameworks for Emerging Markets, chapter 1, Edward Elgar Publishing.
    2. Bhattacharyya, Nikhilesh., 2012. "Monetary policy and employment in developing Asia," ILO Working Papers 994685223402676, International Labour Organization.
    3. repec:ilo:ilowps:468522 is not listed on IDEAS
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    Citations

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    Cited by:

    1. Asser KHAMIS, 2016. "Determinants Of Academic Human Resources In R.A. Egypt," Business Excellence and Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 6(1), pages 64-70, March.
    2. Migally WAEL, 2015. "Strategic Human Resources Management And Career Planning," Business Excellence and Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 5(2), pages 17-27, June.
    3. Mirela-Ionela PLAVAN, 2014. "Managing Services In The Field Of Wholesale Of Wood And Construction Materials And Sanitary Equipment In Romania. Case Study: Noua Tei Com," Business Excellence and Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 4(2), pages 44-53, June.

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    More about this item

    Keywords

    Manpower; Competencies; Entrepreneurship; Profit; Crowd; Unemployment;
    All these keywords.

    JEL classification:

    • M19 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Other

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