Annals of the University of Oradea: Economic Science (Jul 2014)
AN EMPIRICAL RESEARCH ON THE EVOLUTION OF BUSINESSES OF THE MAIN RETAIL COMPANIES IN ROMANIA
Abstract
Global retail chains expanded rapidly in Romania since 2000 (Javorcik et al., 2013), their presence bringing significant changes in the landscape of the developing national economy. In this study we used data on six major retail companies in Romania, statistical data from Eurostat, and I proposed two models to highlight a link between the variables. The aim of this paper is to identify the relationship between the turnover and the number of employees of the main retail companies in Romania, in the first model using linear regression. In the second model we used multiple regression analysis to identify the relationship between the dependent variable (turnover) and independent variables (Internet users, Individuals having ordered / bought online). The result of the study paper is to evidence the fact that the increase in the number of employees in the retail sector will lead to the increase of their turnover.
