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Page 1: RECENT ADVANCES in · ISSN: 1790-2769 ISBN: 978-960-474-168-7 World Scientific and Engineering Academy and Society
Page 2: RECENT ADVANCES in · ISSN: 1790-2769 ISBN: 978-960-474-168-7 World Scientific and Engineering Academy and Society

RECENT ADVANCES in

MANAGEMENT, MARKETING, FINANCES

Proceedings of the 8th WSEAS International Conference on MANAGEMENT, MARKETING and FINANCES (MMF '10)

Penang, Malaysia, March 23-25, 2010 Supported by Universiti Kebangsaan Malaysia

Recent Advances in Electrical Engineering A Series of Reference Books and Textbooks

Published by WSEAS Press ISSN: 1790-2769

ISBN: 978-960-474-168-7www.wseas.org

Page 3: RECENT ADVANCES in · ISSN: 1790-2769 ISBN: 978-960-474-168-7 World Scientific and Engineering Academy and Society

RECENT ADVANCES in MANAGEMENT, MARKETING, FINANCES Proceedings of the 8th WSEAS International Conference on MANAGEMENT, MARKETING and FINANCES (MMF '10) Penang, Malaysia, March 23-25, 2010 Supported by Universiti Kebangsaan Malaysia Recent Advances in Electrical Engineering A Series of Reference Books and Textbooks Published by WSEAS Press www.wseas.org Copyright © 2010, by WSEAS Press All the copyright of the present book belongs to the World Scientific and Engineering Academy and Society Press. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the Editor of World Scientific and Engineering Academy and Society Press. All papers of the present volume were peer reviewed by two independent reviewers. Acceptance was granted when both reviewers' recommendations were positive. See also: http://www.worldses.org/review/index.html

ISSN: 1790-2769 ISBN: 978-960-474-168-7

World Scientific and Engineering Academy and Society

Page 4: RECENT ADVANCES in · ISSN: 1790-2769 ISBN: 978-960-474-168-7 World Scientific and Engineering Academy and Society

RECENT ADVANCES in MANAGEMENT, MARKETING,

FINANCES

Proceedings of the 8th WSEAS International Conference on MANAGEMENT, MARKETING and FINANCES (MMF '10)

Penang, Malaysia, March 23-25, 2010 Supported by Universiti Kebangsaan Malaysia

Page 5: RECENT ADVANCES in · ISSN: 1790-2769 ISBN: 978-960-474-168-7 World Scientific and Engineering Academy and Society
Page 6: RECENT ADVANCES in · ISSN: 1790-2769 ISBN: 978-960-474-168-7 World Scientific and Engineering Academy and Society

Editors: Prof. Nikos Mastorakis, Technical University of Sofia, BULGARIA Prof. Valeri Mladenov, Technical University of Sofia, BULGARIA Prof. Azami Zaharim, Universiti Kebangsaan, MALAYSIA Prof. Cornelia Aida Bulucea, University of Craiova, ROMANIA International Program Committee Members: Morris Adelman, USA Robert L. Bishop, USA Glenn Loury, USA Fernando Alvarez, USA Mark J. Perry, USA Leon O. Chua, USA Brian A. Barsky, USA K. R .Rao, USA Bimal K. Bose, USA Joseph Sifakis, FRANCE Sidney Burrus, USA Biswa Nath Datta, USA Panos Pardalos, USA Ronald Yager, USA Stamatios Kartalopoulos, USA Lotfi A. Zadeh, USA Nikos E. Mastorakis, BULGARIA Gamal Elnagar, USA

Page 7: RECENT ADVANCES in · ISSN: 1790-2769 ISBN: 978-960-474-168-7 World Scientific and Engineering Academy and Society
Page 8: RECENT ADVANCES in · ISSN: 1790-2769 ISBN: 978-960-474-168-7 World Scientific and Engineering Academy and Society

Preface This year the 8th WSEAS International Conference on MANAGEMENT, MARKETING and FINANCES (MMF '10) was held in Penang, Malaysia, March 23-25, 2010. The conference remains faithful to its original idea of providing a platform to discuss organisational behaviour, group dynamics, organisational design, financial accounting, decision analysis, human resources management, quality management, managerial accounting, multinational business design and development, business ethics, risk management and risk analysis, marketing, security problems, manufacturing and logistics, business law, legal aspects of electronic transactions, stock exchange analysis and prediction, crisis management, history of economics and business science etc. with participants from all over the world, both from academia and from industry.

Its success is reflected in the papers received, with participants coming from several countries, allowing a real multinational multicultural exchange of experiences and ideas.

The accepted papers of this conference are published in this Book that will be indexed by ISI. Please, check it: www.worldses.org/indexes as well as in the CD-ROM Proceedings. They will be also available in the E-Library of the WSEAS. The best papers will be also promoted in many Journals for further evaluation.

A Conference such as this can only succeed as a team effort, so the Editors want to thank the International Scientific Committee and the Reviewers for their excellent work in reviewing the papers as well as their invaluable input and advice.

The Editors

Page 9: RECENT ADVANCES in · ISSN: 1790-2769 ISBN: 978-960-474-168-7 World Scientific and Engineering Academy and Society
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Table of Contents

A Conceptual Framework on Mobile Commerce Acceptance and Usage Among Malaysian Consumers

13

Jayashree Sreenivasan, Mohd Nazri Mohd Noor Disaster Preparedness in Malaysia: An Exploratory Study 19Magiswary Dorasamy, Murali Raman, Saravanan Muthaiyah, Maniam Kaliannan Foreign Direct Investment & Indian Banking Sector 31K. B. Laghane Using Datamining Methodology for Detecting Turning Points in Business Process Orientation Maturity Models

35

Nikola Vlahovic, Ljubica Milanovic, Rok Skrinjar Financial Management of Investment Projects 41Luminita Horhota, Cristina Matei An Optimal Shelf Allocation for SPA Retailers 47Hiroyuki Goto, Takuya Suganuma Business Process Management Systems and Business Intelligence Systems as Support of Knowledge Management

53

Katarina Curko, Vesna Bosilj Vuksic, Anita Lovric Connected Graphs Associated with Comparison Matrices 59Sylvia Encheva School and School Manager in Romania – Challenges, Perceptions, Attitudes and Demeanours in Crisis Situations

65

Ioan Neacsu, Emil Stan, Catalin Popescu, Mihaela Suditu Fair Value and Crisis: Defense Welcomed 71Carmen Giorgiana Bonaci, Dumitru Matis, Jiri Strouhal Repayment Practices of the SME Borrowers 76Fennee Chong Economic Measures for the Polycentric Development Based on Knowledge Management Diagnosis System

80

Vasile Mazilescu, Daniela Sarpe, Mihaela Neculita Organizational Structure in the View of Single Business Concentration and Diversification Strategies – Empirical Study Results

87

Iwona Staniec, Agnieszka Zakrzewska-Bielawska High Technology Company – Concept, Nature, Characteristics 93Agnieszka Zakrzewska-Bielawska

RECENT ADVANCES in MANAGEMENT, MARKETING, FINANCES

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A Simplified Approach in Estimating Technical Losses in TNB Distribution Network Based on Load Profile and Feeder Characteristics

99

Marina Yusoff, Asnawi Busrah, Malik Mohamad, Mau Teng Au Corporate Reporting of Contribution to Society: Compliance to the Silver Book by Malaysian Government Linked Companies

106

Ruhaya Atan, Noraida Mohd Razali, Nafsiah Mohamed The Study on the Launch of Farmland Reverse Mortgage for the Welfare of the Rural Elderly in South Korea - Establishment of Monthly Payment Plan & Risk Analysis

126

Byungkyu Kim, Changwhan Yeo, Deokho Cho Neuro-Fuzzy Classifiers for Credit Scoring 132Alina Constantinescu, Leonardo Badea, Ion Cucui, George Ceausu Design of a Customer-Centric Balanced Scorecard – Support for a Research on CRM Strategies of Romanian Companies from FMCG Sector

137

Micu Adrian, Micu Angela Eliza, Capatina Alexandru, Nistor Costel Toward the Resolution of Resource Conflict in a MPL-CCPM Representation Approach 143Munenori Kasahara, Hirotaka Takahashi, Hiroyuki Goto Modern Methods of Performance Management Implementation in Sports for All 149Dana Badau, Adina Camarda, Sorin Serbanoiu, Tudor Virgil, Dragos Bondoc-Ionescu Changing the Attitudes of the Factors Involved in the Tourism Industry 155Adina Camarda, Plesa Doru, Dana Badau Communication in Negative Journalism 161Stefan Vladutescu, Ion Cucui, Delia Mioara Popescu, Marius Petrescu, Ion Stegaroiu, Anisoara Duica Particularities of Human Resources Management at International Projects Level. Case study: Project CIVITAS – SUCCESS

166

Catalin Popescu, Augustin Mitu, Daniela Uta, Luminita Ion Students Performance Evaluation for Learning Outcomes Measurement: SPELOM Model 172Zamalia Mahmud, Mohd Saidfudin Masodi, Azrilah Abd. Aziz The Dark Side of Global Economy 179Irina Gabriela Radulescu, Catalin Popescu, Mirela Matei Making “Greenovation” Happen 185Davorin Kralj Comparative Analysis of the Web Marketing Strategies Implemented by the Higher Education Institutions

192

Micu Adrian, Micu Angela Eliza, Lukacs Edit, Susanu Irina, Cristache Nicoleta, Capatina Alexandru Abstract and Real in Approaching the Cost with the Help of the Characteristics: Location, Time, Method

200

Ion Cucui, Camelia Obreja, Gabriel Cucui, Ioan Hurjui Preserved Valuation Measurements in Mergers and Acquisitions of Similar Size Corporations 206Nicholas Harkiolakis, Lara Mourad

RECENT ADVANCES in MANAGEMENT, MARKETING, FINANCES

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Solving Market Index Biases Using Minimum Risk Indices 212Jordi Andreu, Salvador Torra Authors Index 234

RECENT ADVANCES in MANAGEMENT, MARKETING, FINANCES

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Authors Index

Alexandru, C. 137, 192 Mazilescu, V. 80 Andreu, J. 212 Micu, A. 137, 192 Atan, R. 106 Micu, A. E. 137, 192 Au, M. T. 99 Milanovic, L. 35 Aziz, A. A. 172 Mitu, A. 166 Badau, D. 149, 155 Mohamad, M. 99 Badea, L. 132 Mohamed, N. 106 Bonaci, C. G. 71 Mourad, L. 206 Bondoc-Ionescu, D. 149 Muthaiyah, S. 19 Busrah, A. 99 Neacsu, I. 65 Camarda, A. 149, 155 Neculita, M. 80 Ceausu, G. 132 Noor, M. N. M. 13 Cho, D. 126 Obreja, C. 200 Chong, F. 76 Petrescu, M. 161 Constantinescu, A. 132 Popescu, C. 65, 166, 179 Costel, N. 137 Popescu, D. M. 161 Cristache, N. 192 Radulescu, I. G. 179 Cucui, G 200 Raman, M. 19 Cucui, I. 132, 161, 200 Razali, N. M. 106 Curko, K. 53 Sarpe, D. 80 Dorasamy, M. 19 Serbanoiu, S. 149 Doru, P. 155 Skrinjar, R. 35 Duica, A. 161 Sreenivasan, J. 13 Edit, L. 192 Stan, E. 65 Encheva, S. 59 Staniec, I. 87 Goto, H. 47, 143 Stegaroiu, I. 161 Harkiolakis, N. 206 Strouhal, J. 71 Horhota, L. 41 Suditu, M. 65 Hurjui, I. 200 Suganuma, T. 47 Ion, L. 166 Susanu, I. 192 Kaliannan, M. 19 Takahashi, H. 143 Kasahara, M. 143 Torra, S. 212 Kim, B. 126 Uta, D. 166 Kralj, D. 185 Virgil, T. 149 Laghane, K. B. 31 Vladutescu, S. 161 Lovric, A. 53 Vlahovic, N. 35 Mahmud, Z. 172 Vuksic, V. B. 53 Masodi, M. S. 172 Yeo, C. 126 Matei, C. 41 Yusoff, M. 99 Matei, M. 179 Zakrzewska-Bielawska, A. 87, 93 Matis, D. 71

RECENT ADVANCES in MANAGEMENT, MARKETING, FINANCES

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