Challenges for Romanian Entrepreneurs in Managing Remote Workers

Xiaoyu Zhan (), Delia Mioara Popescu () and Valentin Radu
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Xiaoyu Zhan: Valahia University of Târgoviște, Romania
Delia Mioara Popescu: Valahia University of Târgoviște, Romania

Chapter 49 in International Conference Innovative Business Management & Global Entrepreneurship (IBMAGE 2020), 2020, vol. 14, pp 670-687 from Editura Lumen

Abstract: In an increasingly globalized society managing remote work allows entrepreneurs to compete favorably and increase profit. Moreover, with the rapid development of information and electronic media, decentralized work has become much more comfortable, faster, and more efficient in response to the globalization of work processes. Dynamic environments have introduced virtual work teams that collaborate through communication technologies across geographical, temporal, cultural, and organizational boundaries to achieve a common goal in the results of their organizations. Remote working grows in popularity, but with it also increases the need of the organization to demand high performance from their members through their projects and activities. All over the world, statistics showed in 2019 a steep increase in the number of virtual workers. Both managers and companies face a high number of challenges to keep their employees satisfied and their “numbers†up. This article focuses on the emergence of Virtual Teams in Romania, primarily through the real necessity of remote workers. We highly discuss the advantages and disadvantages of working from home for Romanian Entrepreneurs, especially in the current pandemic state of the entire world.

Keywords: Remote workers; Virtual Teams; Entrepreneurship; ICT; profit; Romania (search for similar items in EconPapers)
JEL-codes: F2 M1 M2 O1 O3 Q5 (search for similar items in EconPapers)
Date: 2020
ISBN: 978-1-910129-29-6
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:lum:prchap:14-49

DOI: 10.18662/lumproc/ibmage2020/49

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