OPPORTUNITIES AND DANGERS THAT ARE BASED ON MANAGERIAL DECESIONS IN CONSTANTA

• Main Author: Lucica SINTEA (ANGHEL)
• Format: Article
• Language: English
• Published: Romanian Foundation for Business Intelligence 2016-05-01
• Series: SEA: Practical Application of Science
• Subjects: risks; economic crisis; accounting; measurement; control
• Online Access: http://seaopenresearch.eu/Journals/articles/SPAS_10_3.pdf

Constanta County represents a very strong economic force in Romania, but also in the European continent in general. Thus, Constanta, is facing numerous problems. The negative factors that have influenced Constanta County are mainly internal. Due to its position by the Black Sea, the County is also influenced by all international political events, by the decrease of the cereals in commodities exchanges, by the oil prices or the fluctuation of the exchange rate. However, most risks have emerged because of the managerial strategies implemented by companies or the state policy on the protection of national wealth. Our welfare, at micro and macroeconomic level, depends on administrative policies.