Theoretical and Applied Economics
No. 1 / 2011 (554)
How to Improve Small and Medium-Sized Enterprises Profitability by Practicing an Efficient Human Resources Management
Universidad Politécnica de Cartagena, Spain
Dan POPESCU
Bucharest Academy of Economic Studies
Iulia CHIVU
Bucharest Academy of Economic Studies
Alina CIOCÂRLAN-CHITUCEA
Bucharest Academy of Economic Studies
Daniela Oana POPESCU
Bucharest Academy of Economic Studies
Abstract. In The European Union’s country members, small and medium-sized enterprises (SMEs) play an essential role in economic life, having special features that make adaptation process to the contemporary economy easier. Small and medium sized enterprises (SMEs) are the most dynamic and vital factor of progress in the contemporary society, main generator of economic performance and substance in any country, employment opportunity provider for most of population, major contributor to the national budget, and engine to improve the living standard of the population. SMEs represent 99% from all enterprises, drawing up the main human resources aglomeration.
In the contemporary economic context, SMEs should act as learning entities, by developing the most important resources they own: the human resources.
Human resource development (HRD) has gained a permanent role within SMEs, agencies and nations, increasingly not only as an academic discipline, but as a central theme in development area. Being a combination of training and education, in a broad context of adequate human resource policies, HRD ensures the continual improvement and growth of both individual and organization.
Contents
Considerations Regarding the Mix of Anticrisis Fiscal Policies in Romania
Women Entrepreneurship in the Western Romania. Research Results and Policy Recommendations
How to Improve Small and Medium-Sized Enterprises Profitability by Practicing an Efficient Human Resources Management
Time and Causality in the Economic Process – a Critical Approach Based on Consistency Criteria
The Reform of the National Public Policies Process under the Influence of Europeanization Changes in the Policy-Making in Romania on Institutional and Legislative Level
Re-modeling the Romanian Fiscal Policy under the Terms of the Economic Crisis
New Hypothesis on Service Management within the Global World
Current Economic and Financial Crisis – New Issues or Returning to the Old Problems? Paradigms, Causes, Effects and Solutions Adopted
Contributions of Agriculture to Economic Fluctuations in Romania
Foreign Direct Investments Expansion – Essential Globalization Factor
Implications of Asymmetric Information in the Real Estate Crisis in US
The Crowding out Effect on the Labor Market in Romania