Suitability Profit Social Development Requirements

Vasile Birle and Gabriela Lobontiu
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Vasile Birle: North University Center of Baia Mare, Romania
Gabriela Lobontiu: North University Center of Baia Mare, Romania

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Abstract: The social integration process of economic activities is a relatively new concept and involves the intervention of the economic environment in the growth and development of human resource quality indicators. There is a direct link between the human resource and economic activities performance, determining the level and evolution of labour productivity and thus economic results of the activity. Based on this concept, we can create a direct link between the investment in increasing the quality of human resources and enterprise performance, affecting the stability and resilience in the face of market fluctuations caused by economic crises or financial recessions. So, in an attempt to define a mechanism destined to socially integrate the economic activities of various organizations, we performed a methodological research, oriented towards explanation.

Keywords: production cost; profit; social integration (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:tkp:mklp15:657-663

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