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Results in Journal International Journal of Applied Research in Management and Economics: 52

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Seyyed Yousef Akbari Nasab
International Journal of Applied Research in Management and Economics; doi:10.33422/ijarme.2018.09.17

Mourad Mechiche
International Journal of Applied Research in Management and Economics, Volume 2; doi:10.33422/ijarme.v2i1.415

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International Journal of Applied Research in Management and Economics, Volume 2, pp 31-40; doi:10.33422/ijarme.v2i3.269

Abstract:
This article aims to make an analysis on how the new reconfiguration of the global economic order, where the EU is one of the three main actors, most likely based on strong protectionist tendencies, affects the EU's ability to support more intense national economic policies and stricter rules aimed at reducing economic and social disparities. Our analytical study, one with an interdisciplinary character because, although the investigated aspects fit mainly in the economic sphere, they also have important and relevant connections with the field of international relations, follows four directions of investigation on opinions projected around the issue of economic inequality and its measurement. At the same time, the ideas around which we have built this material come to certify the already expressed views of economists that the reduction of major economic inequalities is not achieved strictly by economic measures but through a combination of factors, such as political and social programs or diplomacy. Also, our analysis brings to the foreground one of the most used instruments of measuring economic inequality, the Gini Coefficient. A series of conclusions resulted from this segment of our research, based on the interpretation of recent official statistics and data regarding economic inequality measured within the EU, illustrate the advantages and disadvantages of measuring such complex economic phenomena and what are the dangers that economists face when assigning certain figures to countries on the globe.
International Journal of Applied Research in Management and Economics, Volume 2, pp 7-17; doi:10.33422/ijarme.v2i3.267

Abstract:
In the procurement decision, the future price of the raw material plays an important role as it affects the budget and procurement plan. Inaccuracy in raw material price prediction affects the performance of procurement activity and budget plan. Low Ash Metallurgical (LAM) coke is one of the important raw materials used by various alloy manufacturing company. In India, this coke generally imported from the foreign market and followed a long-term contract with the supplier. The LAM coke price is highly volatile in nature. Hence, accurate forecasting of the LAM coke price is very important for any alloy manufacturing company to manage its budget for the procurement. The intelligent models such as Artificial Neural Network (ANN) and Adaptive Neuro-fuzzy Inference System (ANFIS) can learn the past pattern through their self-learning and adapting capability. In this study, the discrete wavelet transformation has been used to extract the past LAM coke price pattern and resultant series applied to train the ANN and ANFIS model to improve the prediction accuracy. From the study, it has found that the prediction error for both the model is less than 5%, hence those models can be used by the alloy industry to predict the LAM coke price.
International Journal of Applied Research in Management and Economics, Volume 2, pp 39-48; doi:10.33422/ijarme.v2i4.276

Abstract:
The year 2010 can be considered the beginning of the economic crisis in Greece. However, hardly anybody expected that to have such substantial impact and put such pressure on the Greek economy. At that time a massive downsizing occurred and many companies even stopped their activities. In several enterprises, after organizational restructuring and downsizing, a problem with motivation of remaining employees was highlighted. The aim of the paper is to record the changes in levels of motivation. The current paper focuses on motivation as a key prerequisite for success and effectiveness of organizations and highlights the factors that related to leadership/ management and communication as the major motivation factors during the economic crisis. A brief literature review of the motivation research, the researches that conducted during economic crisis, the leadership and the comunication are presented in the first part of it. An empirical research was conducted to explore the changes into the motivation factors that emerge in response to crisis in Greek structural design consultancies, presenting the new conditions and highlights the importance of the leadership/ management as a great motivation factor.
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