The Need of Activities Integration as Effect of Global Economic Crisis

Hotãran Ilinca ()
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Hotãran Ilinca: The Bucharest Academy of Economic Studies, Faculty of Management

Ovidius University Annals, Economic Sciences Series, 2011, vol. XI, issue 2, 586-591

Abstract: Even though the need for trust-based relationships existed in the prior period, following the global economic crisis event, it becomes a necessity and not just a growth opportunity. Research analyzes types of relationships and strategic alliances, focusing on long term partnerships. This article sees as a business essential element, relationships that are not based on cost advantage or high production volume at a certain moment. Knowledge management is also an essential element, giving us the possibility to outline the image of future managers. Essential characteristics of relationships that should have managed within a supply chain and between different chains have been known since ancient times, but the lack of importance associated with them has led to serious economic effects, as we are able to identify now in the environment.

Keywords: integration; partnership; knowledge management. (search for similar items in EconPapers)
JEL-codes: L20 M20 M53 O15 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xi:y:2011:i:9:p:586-591

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