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RECENT RESEARCHES in SOCIAL SCIENCE, DIGITAL

CONVERGENCE,

MANUFACTURING and TOURISM

International Conference on SOCIAL SCIENCE, SOCIAL ECONOMY and DIGITAL CONVERGENCE (IC-SSSE-DC '11) International Conference on MANUFACTURING, COMMERCE,

TOURISM and SERVICES (ICM-CTS '11)

Lanzarote, Canary Islands, Spain May 27-29, 2011

Published by WSEAS Press ISBN: 978-1-61804-003-9

www.wseas.org

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RECENT RESEARCHES in SOCIAL SCIENCE, DIGITAL

CONVERGENCE,

MANUFACTURING and TOURISM

International Conference on SOCIAL SCIENCE, SOCIAL

ECONOMY and DIGITAL CONVERGENCE (IC-SSSE-DC '11) International Conference on MANUFACTURING, COMMERCE, TOURISM and SERVICES (ICM-CTS '11)

Lanzarote, Canary Islands, Spain May 27-29, 2011

Published by WSEAS Press

www.wseas.org

Copyright © 2011, 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

ISBN: 978-1-61804-003-9

European Society for Environmental Research

and Sustainable Development World Scientific and Engineering Academy and Society

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RECENT RESEARCHES in SOCIAL SCIENCE, DIGITAL

CONVERGENCE,

MANUFACTURING and TOURISM

International Conference on SOCIAL SCIENCE, SOCIAL ECONOMY and DIGITAL CONVERGENCE (IC-SSSE-DC '11) International Conference on MANUFACTURING, COMMERCE,

TOURISM and SERVICES (ICM-CTS '11)

Lanzarote, Canary Islands, Spain

May 27-29, 2011

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Editors:

Prof. Vladimir Vasek, Tomas Bata University in Zlin, Czech Republic Prof. Yuriy Shmaliy, Guanajuato University, Mexico

Prof. Denis Trcek, University of Ljubljana, Slovenia

Prof. Nobuhiko P. Kobayashi, University of California Santa Cruz, USA Prof. Ryszard S. Choras, University of Technology & Life Sciences, Poland Prof. Zbigniew Klos, Poznan University of Technology, Poland

International Program Committee Members:

D. Perkins, USA

Marco Ceccarelli, ITALY

Dionysios (Dion) D. Dionysiou, USA Leon Trilling, USA

D. L. Russell, USA Leonid Perlovsky, USA John W. Lund, USA Kent Davey, USA David Landgrebe, USA Miguel A. Marino, USA Hamido Fujita, PORTUGAL Steven H. Collicott, USA F. Akgun, TURKEY Omar Badran, JORDAN Y. Baudoin, BELGIUM M. Versan Kok, TURKEY A. Kurbatskiy, RUSSIA S. Linderoth, DENMARK P. Lunghi, ITALY

A. Midilli, CANADA

Vijayan Iyer Gurumurthy, INDIA Helmut Jaberg, AUSTRIA Leonid G. Kazovsky, USA Leon O. Chua, USA

Ar. Zuhairuse Md Darus, MALAYSIA Ioana Diaconescu, ROMANIA

J. Torres Farinha, PORTUGAL Bogdan Zygmunt, POLAND Lajos Barna, HUNGARY J. Van Mierlo, BELGIUM S. Ozdogan, TURKEY R. Tamme, GERMANY Brian A. Barsky, USA M. Teixeira, PORTUGAL R. Vigotti, ITALY G. Wolf, GERMANY G. Wisniewski, POLAND A. Van Zyl, BELGIUM Z. A. Vale, PORTUGAL K. R. Rao, USA

Bimal K. Bose, USA Joseph Sifakis, FRANCE Paul E. Dimotakis, USA Sidney Burrus, USA Steven Collicott, USA Panos Pardalos, USA Olga Martin, ROMANIA Periklis Papadopoulos, USA

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Table of Contents

The Impact of Relationship Marketing on the Performance of Insurance Organisation 9 Festus M. Epetimehin

The Influence of the Prague Section of DuOeAV (1870-1938) on the Alpinism 18 Pavlina Chaloupska, Dasa Hrusova

Valorization by Tourism of Gypsy Culture in Romania 22

Teodorescu Camelia, Dinca Iulian, Popovici Adina, Tuduce Adela

Tourism Based on Vegetal Element in the UNESCO Patrimony Romanian Monasteries Frescoes 28 Teodorescu Camelia, Dinca Iulian, Tuduce Adela, Popovici Adina

The Impact of the Specific Conditions of Sandstone Rock Climbing on Climber’s Performance 34 David Chaloupsky, Blahoslav Komestik, Dagmar Hrusova

Consumers Decision Making in Buying Private Brand and Manufacturer Brand 39 Zuraidah Mohamed Isa, Norhidayah Ali, Rabitah Harun

A Comparative Analysis of Poverty and Social Inclusion Indicators at European Level 44 Cristina Stroe, Eva Militaru, Silvia Cojanu, Isadora Lazar, Codruta Dragoiu, Eliza-Olivia Lungu

Diagnosis of Poverty in Romania. Dynamics, Determinants and Future Challenges 50 Cristina Stroe, Eva Militaru, Silvia Cojanu, Codruta Dragoiu, Isadora Lazar

Research in Technology - A Major Instrument of the Technological Changes and Development 56 Eliza Lungu, Cristina Stroe, Eva Militaru, Silvia Cojanu

Transmission Mechanisms of Monetary Policy in Romania: A Bayesian VAR Model 62 Cristi Spulbar, Cristian Stanciu, Mihai Nitoi

Corporate Finance in Emerging & Developed Countries - Mixture between Commonality and Heterogeneity Features

69 Morar Teodor Adrian

Can We Blame the Housing Boom for Causing the Economic Recession in Estonia? 75 Tiina Nuuter, Irene Lill

The Current State of the Application of International Accounting Standards in the Czech Republic

81 Karel Steker, Milana Otrusinova

Foreign Direct Investments and Financial Economy: Empirical Perspective at the Level of the CEE Countries

87 Triandafil Cristina Maria

Recent Researches in Social Science, Digital Convergence, Manufacturing and Tourism

ISBN: 978-1-61804-003-9 7

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Learner Perceptions of Construction Industry Knowledge and Skills Requirements 93 Emlyn Witt, Irene Lill

Interest of Cost Management within the Context of Accounting System Development in Romania 99 Mariana Radu, Valentin Radu, George Ciprian Giju, Daniela Elena Nicolae

Effect of Subcontracting on Construction Scheduling 105

Erki Soekov, Irene Lill

An Empirical Study on Identification in Blogs 111

Mei-Ching Chen, Yu-Chuan Chen, Shung-Ming Tang, Tzu-Yi Hsu

Impacts of the Global Economic Crisis on Tourism in the Czech Republic 117 Lubos Smrcka, Jaroslav Schonfeld

A Healthy Labour Market for an Improved Quality of Life – Workers’ Perceptions 124 Silvia Cojanu

Experimental Assessment of Physical Characteristics of Textile Proteinic Fibres from Albanian Breeds

130 Genti Guxho, Vladimir Nika, Ylli Shehu

Women’s Status during the Safavid Period 137

Mitra Jahandideh, Shahab Khaefi

Applying the “Markow Chain” Theory in the Case of Operating Several Tools 143 Dima Ioan Constantin, Novak-Marcincin Jozef, Duica Constantin Mircea, Cucui Floriana Andra

The Method of Optimisation of the Service of Several Tools, Using the "Mechanisation Coefficient"

152 Dima Ioan Constantin, Modrak Vladimir, Duica Anisoara, Goldbah Ioana Raluca

Fair Value and Financial Instruments: Some Obstacles Again? 161

Jiri Strouhal, Jirina Boksova, Carmen Bonaci, Nicolae Pasca

Authors Index 167

Recent Researches in Social Science, Digital Convergence, Manufacturing and Tourism

ISBN: 978-1-61804-003-9 8

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Authors Index

Boksova, J. 161 Morar, T. A. 69 Bonaci, C. 161 Nicolae, D. E. 99 Chaloupska, P. 18 Nika, V. 130 Chaloupsky, D. 34 Nitoi, M. 62 Chen, M.-C. 111 Norhidayah, A. 39 Chen, Y.-C. 111 Novak-Marcincin, J. 143 Cojanu, S. 44, 50, 56 Nuuter, T. 75 Cojanu, S. 124 Otrusinova, M. 81 Cucui, F. A. 143 Pasca, N. 161 Dima, I. C. 143, 152 Popovici, A. 22, 28

Dinca, I. 22, 28 Rabitah, H. 39

Dragoiu, C. 44, 50 Radu, M. 99

Duica, A. 152 Radu, V. 99

Duica, C. M. 143 Schonfeld, J. 117 Epetimehin, F. M. 9 Shehu, Y. 130

Giju, G. C. 99 Smrcka, L. 117

Goldbah, I. R. 152 Soekov, E. 105

Guxho, G. 130 Spulbar, C. 62

Hrusova, Dag. 34 Stanciu, C. 62 Hrusova, Das. 18 Steker, K. 81 Hsu, T.-Y. 111 Stroe, C. 44, 50, 56 Jahandideh, M. 137 Strouhal, J. 161 Khaefi, S. 137 Tang, S.-M. 111 Komestik, B. 34 Teodorescu, C. 22, 28 Lazar, I. 44, 50 Triandafil, C. M. 87 Lill, I. 75, 93, 105 Tuduce, A. 22, 28

Lungu, E.-O. 44, 56 Witt, E. 93

Militaru, E. 44, 50, 56 Zuraidah, M. I. 39

Modrak, V. 152

Recent Researches in Social Science, Digital Convergence, Manufacturing and Tourism

ISBN: 978-1-61804-003-9 167

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