IDEAS home Printed from https://ideas.repec.org/a/rom/rmcimn/v15y2014i2p146-153.html
   My bibliography  Save this article

Economic Efficiency of the Electronic Security Systems in Security Management of Commercial Activities

Author

Listed:
  • Marian NÃSTASE

    () (The Bucharest University of Economic Studies, Romania)

  • Emilian Cristian IRIMESCU

    () (The Bucharest University of Economic Studies, Romania)

Abstract

The purpose of this study is to identify some general patterns of the efficiency of electronic security systems used in the security management of the commercial activities and spaces. We also intend to identify several mathematical models to quantify the economical efficiency of electronic security systems and to determine the conditions in which these models are relevant. In our days, security management is a key part of the economic activity (commercial also). For this reason, quantifying the economic efficiency of security systems (systems with an important role in the security management) is more a necessity and an obligation. Being a new area of expertise, the efficiency of security systems (and general of security measures) is based on the classical way of assessing the economic efficiency, but remodelled. The old Return on Investment (ROI) will become Return on Security Investment (ROSI).

Suggested Citation

  • Marian NÃSTASE & Emilian Cristian IRIMESCU, 2014. "Economic Efficiency of the Electronic Security Systems in Security Management of Commercial Activities," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 15(2), pages 146-153, May.
  • Handle: RePEc:rom:rmcimn:v:15:y:2014:i:2:p:146-153
    as

    Download full text from publisher

    File URL: http://rmci.ase.ro/no15vol2/01.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. R?zvan C?t?lin DOBREA & Elena ?ERBAN, 2012. "Analysis of Foreign Direct Investment Determinants at the Level of a County in Romania," Economia. Seria Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 15(1), pages 219-226, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Emilian Cristian IRIMESCU & Cristian BANACU & Corina IOANAS, 2016. "The Use of Telematics Solutions in Achieving Excellency in Anti Criminal Activity in Romania," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 17(3), pages 279-294, July.

    More about this item

    Keywords

    security management; security systems; efficiency; commercial activities; security assessment; return on investment; return on security investment.;

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rom:rmcimn:v:15:y:2014:i:2:p:146-153. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Marian Nastase). General contact details of provider: http://edirc.repec.org/data/mnasero.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.