Guidelines for creating an authentic virtual enterprise in Romania

Elisabeta Haba and Victor Velter
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Elisabeta Haba: The Bucharest Academy of Economic Studies Department of Management, Romania
Victor Velter: Valahia University of Targoviste UEFISCDI, Romania

Annals - Economy Series, 2011, vol. 3, 85-99

Abstract: The main goal of this paper is to propose a mathematical model which can be easily used by the strategic managers of any organisation that initiates a virtual enterprise in Romania. Therefore, the first step is to identify the main characteristics a potential partner in such a specific supply chain must have. These characteristics can vary depending on the specific of the company and its position in the chain of the virtual enterprise. Some of these characteristics are mandatory requirements, some are optional requirements. We strongly advice that the mandatory requirements are observed, even when the process of gathering these data and/or information proves to be difficult. The optional requirements mentioned in the model provide a general framework as to what should be expected from a potential partner and can be changed according to the particular needs. These requirements are then inserted into a mathematical model, adaptable, flexible, customizable. The model is adaptable because it allows to insert certain issues of interest and to eliminate the unnecessary or irrelevant ones, it is flexible due to the possibility to change weights according to the relative importance of each feature and it is customizable since is based on questionnaires which are designed by each agent company, according to its specific needs. This model is based on actual observation of the Romanian market.

Keywords: virtual enterprise; virtual enterprise potential partners evaluation; vertical integration; extended enterprise potential partners evaluation; virtual enterprise metrics; virtual enterprise broker (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2011:v:3:p:85-99

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