Quantification Methods of Management Skills in Shipping

Abstract

Romania can not overcome the financial crisis without business growth, without finding opportunities for economic development and without attracting investment into the country. Successful managers find ways to overcome situations of uncertainty. The purpose of this paper is to determine the managerial skills developed by the Romanian fluvial shipping company NAVROM (hereinafter CNFR NAVROM SA), compared with ten other major competitors in the same domain, using financial information of these companies during the years 2005-2010. For carrying out the work it will be used quantification methods of managerial skills to CNFR NAVROM SA Galati, Romania, as example mentioning the analysis of financial performance management based on profitability ratios, net profit margin, suppliers management, turnover