Strategy of Improving the Competitiveness for Corporations Operating in the Market of Precious Metals in the Context of Global Economic Crisis

Rizea Raluca Daniela (), Sârbu Roxana () and Elena Condrea ()
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Rizea Raluca Daniela: Academy of Economic Studies, Bucharest
Sârbu Roxana: Academy of Economic Studies, Bucharest

Ovidius University Annals, Economic Sciences Series, 2012, vol. XII, issue 2, 83-87

Abstract: The present study aims to present strategies of improving the competitiveness for corporations operation in the market of precious metals in the context of global economic crisis. This is a difficult period for all the corporations regardless of the sector in which it operates. The increasing prices for the raw material, the bigger cost of the rent paid by all the tenants, purchasing power increasingly lower there are only some fact that are increasingly more difficult to existing companies on the market. The existence of the companies operating in the market of precious metals is even more difficult taking into consideration the increasing prices of the precious metals. In order to improve the competitiveness of the corporations operating in the market of precious metals the strategy must take into account the following: always in change price of precious metals, the payment terms of the suppliers, the best quality at the best price products, the best prices for the rent of the selling price.

Keywords: competitiveness; corporations operating; strategy; market of precious metals (search for similar items in EconPapers)
JEL-codes: F20 (search for similar items in EconPapers)
Date: 2012
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