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COSTS MANAGEMENT – ESSENTIAL FACTOR FOR<br />

INCREASING THE COMPETITIVENESS OF THE ROMANIAN<br />

SUGAR INDUSTRY<br />

MANAGEMENTUL COSTURILOR - FACTOR DETERMINANT<br />

PENTRU SPORIREA COMPETITIVITĂŢII INDUSTRIEI<br />

ZAHĂRULUI DIN ROMÂNIA<br />

ALINA HAGIU 1<br />

1<br />

University of Pitesti: Faculty of Economic Sciences, Pitesti, Romania;<br />

al<strong>in</strong>ahagiu@yahoo.com<br />

Cost management is one of <strong>the</strong> basic components of <strong>the</strong> enterprise organizational<br />

subsystem, be<strong>in</strong>g causal variable of most decisions.<br />

In market economy, efficient cost management becomes an important fac<strong>to</strong>r <strong>in</strong> <strong>in</strong>creas<strong>in</strong>g<br />

<strong>the</strong> <strong>in</strong>dustry competitiveness on <strong>in</strong>ternal as well as on external market. That is why <strong>the</strong> aim<br />

of this paper is <strong>to</strong> determ<strong>in</strong>e <strong>the</strong> characteristics <strong>and</strong> <strong>the</strong> evolution of <strong>the</strong> sugar <strong>in</strong>dustry, <strong>in</strong><br />

<strong>the</strong> context <strong>in</strong> which cost management represents an important fac<strong>to</strong>r <strong>to</strong> <strong>in</strong>crease this<br />

<strong>in</strong>dustry competitiveness. The paper also refers <strong>to</strong> <strong>the</strong> challenges of <strong>the</strong> European sugar<br />

<strong>in</strong>dustry, <strong>the</strong> strategies <strong>to</strong> <strong>in</strong>crease its competitiveness or <strong>the</strong> ways <strong>to</strong> reduce costs <strong>in</strong> order<br />

<strong>to</strong> develop <strong>and</strong> <strong>to</strong> obta<strong>in</strong> performance.<br />

Key words: costs management, competitive advantage, strategy,<br />

performance<br />

CONSUMPTION VERSUS ECONOMIC GROWTH?<br />

CONSUM VERSUS CREŞTERE ECONOMICĂ?<br />

MARINELA TANASCOVICI 1 , ALINA HAGIU 1<br />

1 University of Pitesti, Romania; mar<strong>in</strong>ela.tanascovici@upit.ro<br />

The op<strong>in</strong>ions of <strong>the</strong> economist are divided both <strong>in</strong> what concern <strong>the</strong> opportunity <strong>to</strong> measure<br />

<strong>the</strong> <strong>in</strong>crease of <strong>the</strong> salaries, <strong>and</strong> on how this can be done with m<strong>in</strong>imum damage for <strong>the</strong><br />

economy. This recipe with <strong>the</strong> <strong>in</strong>crease of <strong>the</strong> salaries without economic foundation we saw<br />

before <strong>the</strong> crisis <strong>and</strong> it was seen <strong>in</strong> an economy with <strong>in</strong>flationary pressures <strong>and</strong> current<br />

account deficit, if we do not have an <strong>in</strong>crease of productivity <strong>in</strong> economy <strong>to</strong> justify <strong>the</strong><br />

salary <strong>in</strong>crease, all will be br<strong>in</strong>k up <strong>in</strong> <strong>in</strong>flationary pressures <strong>and</strong> current account deficit.<br />

The consumption will <strong>in</strong>crease primarily <strong>in</strong> <strong>areas</strong> where we will have <strong>in</strong>crease of<br />

production <strong>to</strong> exports, <strong>in</strong>dustrial production parts, services that which have market <strong>and</strong><br />

gradually those <strong>in</strong> o<strong>the</strong>r sec<strong>to</strong>rs such as <strong>the</strong> budget.<br />

Keywords: economic growth, crisis, external deficits, consumption, current<br />

account<br />

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