International conference KNOWLEDGE-BASED ORGANIZATION, 2015
The need to study and the use of science and practice of knowledge management is a necessity for ... more The need to study and the use of science and practice of knowledge management is a necessity for the military system as a major subsystem (in economic terms) of any social system. In the type of knowledge that is necessary for the state to support national interests, knowledge transformation that starts from the premises of the environment in which they operate and on which it is called upon to be decided. Knowledge is the ability to understand the present reality based on information, perceptions and evaluations, and the ability to support actions in order to shape future realities.
Integrated in a competitive environment, the companies are forced to know better their costs, to ... more Integrated in a competitive environment, the companies are forced to know better their costs, to determine as precisely as possible the sales prices and the profit margins achievable per product. When the entrepreneurs initiate a new business, invest in a new project or when they supervise the current work, the study of breakeven allows minimizing of the risks and the uncertainties, and also allows measuring the performance of the projects. Break-Even is an indicator that allows the company management to set minimal commercial targets to meet the expenses of the enterprise or that sets the degree of utilization of production capacities in relation to a desired level of profit. It highlights the correlations between the dynamic of production, implicit of income and the dynamic of costs, grouped into variable costs and fixed costs. Used in a prospective fashion, Break-Even allows planning and optimizing of the enterprise's sales and costs, not only short-term but also medium and long term.
International conference KNOWLEDGE-BASED ORGANIZATION, 2015
The need to study and the use of science and practice of knowledge management is a necessity for ... more The need to study and the use of science and practice of knowledge management is a necessity for the military system as a major subsystem (in economic terms) of any social system. In the type of knowledge that is necessary for the state to support national interests, knowledge transformation that starts from the premises of the environment in which they operate and on which it is called upon to be decided. Knowledge is the ability to understand the present reality based on information, perceptions and evaluations, and the ability to support actions in order to shape future realities.
Integrated in a competitive environment, the companies are forced to know better their costs, to ... more Integrated in a competitive environment, the companies are forced to know better their costs, to determine as precisely as possible the sales prices and the profit margins achievable per product. When the entrepreneurs initiate a new business, invest in a new project or when they supervise the current work, the study of breakeven allows minimizing of the risks and the uncertainties, and also allows measuring the performance of the projects. Break-Even is an indicator that allows the company management to set minimal commercial targets to meet the expenses of the enterprise or that sets the degree of utilization of production capacities in relation to a desired level of profit. It highlights the correlations between the dynamic of production, implicit of income and the dynamic of costs, grouped into variable costs and fixed costs. Used in a prospective fashion, Break-Even allows planning and optimizing of the enterprise's sales and costs, not only short-term but also medium and long term.
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