THE CHANGE CONCEPT AND THE NEED FOR CHANGE IN THE ROMANIAN BANKING SYSTEM, IN THE AFTERMATH OF THE ACTUAL CRISIS

Ramona (Mihai) Petrescu Ph. D Student
Additional contact information
Ramona (Mihai) Petrescu Ph. D Student: University of Craiova Faculty of Economics and Business Administration Craiova, Romania

Annals of University of Craiova - Economic Sciences Series, 2011, vol. 2, issue 39, 167-172

Abstract: Change is the essence of business development. In present, change is inevitable because it became a constant in our lives. Change is both an opportunity and a treath, it can be an incentive. The process of change can involve moditying raison d'etre of an organization and its basic strategy or, change may refer only to a small review of minor activities. Thus, change should not be regarded as a negative process, degenerative, but as a means of evolution inevitably and positive, that leads to adaptation of the organization to the present and future reality, to ensure the success of any business.

Keywords: change; need for change; banking system; risks; business model (search for similar items in EconPapers)
JEL-codes: G01 G21 M10 M21 (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

Downloads: (external link)
http://feaa.ucv.ro/AUCSSE/0039v2-020.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aio:aucsse:v:1:y:2011:i:6:p:167-172

Access Statistics for this article

Annals of University of Craiova - Economic Sciences Series is currently edited by Sorinel Domnisoru

More articles in Annals of University of Craiova - Economic Sciences Series from University of Craiova, Faculty of Economics and Business Administration Contact information at EDIRC.
Bibliographic data for series maintained by Anca Bandoi ( this e-mail address is bad, please contact ).