Furniture industry represents the most efficient and profitable form of superior capitalization of wood, having the greatest added value in the wood processing industry. In this paper we make a motion for presenting the method of calculating costs per order and its positioning as compared to other methods of managing the costs, as well as applying the method in a big entity in wood industry in Romania. The case study presents entirely the appliance of the method of calculating costs per order and aims to conclude its efficiency in the costs\' management process in the Romanian wood industry. We opine that despite the fact that the method of calculating costs per order is a classical one, having certain assumed limits it has a special utility in the sector due to the activity\'s specifics of furniture manufacturing. By applying the method per order in the wood industry from Romania, a good run-down and integration is made concerning the expenses incurred by manufacturing, as well as their reflection in a trusty way in the managerial accounting.

The scientific paper presents a cost calculation system in the clothing industry in Romania based on manufactured goods production, presented in an empirical study to identify ways to reduce production costs.The use of the Direct-Costing method in relation to clothing production provides a high level of responsibility for cost managers in obtaining operative information on the development of the production process and the application of calculation methods for making efficient managerial decisions and the proper management of money resources.The research results from the calculation of indicators specific to the presented method show that CONF Ltd. is exposed to the bankruptcy risk because the volume of sales and the profit related to turnover are low.The results are useful to managers on making the best decisions for business development, profit growth, reducing production cost, achieving profitable investment, and business partners to know the financial situation of the companies with which they collaborate.

Corporate failures and financial scandals are a phenomenon that emerged long before the 21st century. Different scandals around the globe spread over the last decades, such as Enron, Parmalat and WorldCom have interested the stakeholders to question the implications and efficiency of both management and auditors. To reply this demand, the authors conduct qualitative research: the exposure of theoretical background in the field of audit-auditee relationship in the context of corporate governance. Auditor-auditee negotiation concerning difficult client accounting issues involves not only the auditor and the client, but also various other parties on both sides. Moreover, the implications of such a situation have various ramifications that surpass the boundaries of many regulations. The results show that the auditor-auditee relationship is of key importance for the auditing process, also based on the macro and microenvironment of this relationship and the negotiations model that can also have an influence on the matter.

This paper aims in presenting the development of human capital concept from the perspective of labour market.The starting point of the conceptual framework was the strictly quantitative approach.In the taylorists view, the labour force was considered a classical production factor.Afterwards the so-called transitional period included some qualitative attributes as contributing to labour performance.Ultimately, the human capital concept has developed within an integrative approach, in which the education and skills have a valuable position, where intangible attributes of labour forces become the main determinants of firms' competitiveness.The study proposes a conceptual mark between potential and real human capital, including the quatitative and qualitative components.The potential human capital is activated on the labour market and capitalized as real human capital.Moreover, we propose a mathematical approach of the economic rate of human capital return, based on the real and potential delimitation.

Globalization poses new challenges and creates development opportunities for strong and dynamic companies and new branches that shape markets and the economy in the global dimension. This process has a major impact both on the economies of countries, particular branches of economic activity, as well as on economic entities operating in maritime transport. Despite various activities in individual countries of the world, globalization affects the functioning of virtually all enterprises regardless of their size and form of business. This process forces enterprises to take active measures to, on the one hand, defend their own market from competition, and the other to seek new, attractive markets for their goods and services. The economic activities undertaken in every country of the world depend on many factors. Although the globalization process makes these factors similar, still their impact seems to be quite diverse. The dynamics of observed changes in the economy is also different. The aim of the article is to present a reflection on the strength of changes in the global economy at the global level and an attempt to show the interdependence between economic globalization and the development of maritime shipping. To this end, two directions were delineated in the considerations. The first one, indicating the importance of globalization in the development of maritime shipping and the second one, indicating the share of developing intermodal technologies in expanding and developing globalization processes in the global economy. Such a division results from the nature of both these phenomena and their mutual correlation, as the interdependence between all phenomena that take place in the global economy is obvious. Therefore, according to the theory of economics, one should not prove whether the phenomena are related to each other, but how, how strong are the connections and on which levels they occur.

Starting from Michael Porter's diagnosis regarding the dynamics of the competitive environment based on five forces and from the perspective of the value chain analysis in achieving the competitive advantage on a cutting edge market, this article proposes an in-depth analysis in the topic of purchasing decisions within economic organizations, whose processes need to be approached strategically in order for organizations to develop and evolve properly.Managing in a proper way the relation with the suppliers of goods, raw materials, and services will determine the costs to decrease and thus the revenues and implicitly the profit will grow, placing the entity on a good track in fighting with competition and bringing benefits for all its stakeholders.Moreover, taking into account that the environment in which organizations operate is often surrounded by uncertainty, the decisional process, especially the strategic one, is characterized by ambiguity, doubled also by the subjectivity of the human factor in decisional reasoning.In this context, choosing the right supplier according to specific selection criteria represents the most important decision of the purchasing function.Sometimes, it requests the implementation of qualitative mathematical methods such fuzzy logic, which is a powerful tool that can efficiently shape the ambiguity within decision-making process and support the organization long-term strategy and competitive market positioning.