BASIC ASPECTS FOR MODELLING THE BEST OPERATING PRACTICE FOR THE TRANSFERABILITY OF INVESTMENT ECONOMIC BENEFITS
Journal: Journal of Research on Trade, Management and Economic Development (JRTMED) (Vol.1, No. 2)Publication Date: 2014-10-29
Authors : Octav VOCHITA; Ion MAXIM;
Page : 105-114
Keywords : management of investment interest; transferability of embodied economic benefit; the set of allocation possibilities; set of opportunities for realization; returns to scale; linear programming;
Abstract
In the current economic context, whether the reference is for a private or government investment, the best practice in managing an investment interest is dependent on both the ability of authorities mandated to represent the realization of investment interest as well as their ability to use complex methods to assist in risk mitigation decision. Knowledge of such methods requires both a target for rational management of investment interest, geared towards best practice in resource allocation and best practice of allocating operational results to specific destinations and a subjective interest linked to increasing the professional performance and/or minimization the decisional risk. This article presents some basic concepts and ways of the practice methodological approach that can be benchmarks for meeting subjective interest related to the development of professional expertise in a form of addressing topics in another way than the classical one, to maximize profit oriented, mainly, to maximize the benefit of the investment made. At the same time, some derived notions are introduced, such as the function of transfer of embodied economic benefit, the function of request for embodied economic benefit transfer, the best practice in the management of operational activity, the best practice in resource allocation or the best practice in operational results allocation.
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Last modified: 2014-10-29 19:20:18