Abstract
Methods for managerial decision-making in the process of decision-making are considered. Management decisionmaking tools are studied in the field of management and analysis. They include methods, models and approaches that help managers make informed decisions. Decision-making in any organization is a key task. It begins with determining the type of activity and strategic issues, without which the existence of the enterprise becomes impossible. Managers are guided by decision-making to minimize possible risks and achieve strategic goals. To make optimal decisions, it is necessary to carefully analyze all existing risks and optimize the decision-making process. To achieve successful solutions to these problems, it is necessary to conduct a comprehensive analysis of management decision-making methods. It is noted that the effectiveness of a decision depends on the decision-making methods. Since the stages of development and adoption of a management decision form a full cycle of the management decision-making process. At the same time, the composition and content of the stages depends on the specific management problem. The effectiveness of a managerial decision is determined by the methods used in the process of its adoption and implementation at an enterprise. The stages of development and adoption of a managerial decision from the point of view of different scientific schools are considered. The basic requirements for a managerial decision in the process of management activity are characterized, namely, realism, specificity, informativeness, and consistency. The peculiarities of applying these terms in relation to management decisions made at an enterprise are analyzed. A review of existing technologies for developing and making management decisions in the enterprise management system is carried out. The range of research methods for substantiating the adoption, development and implementation of a management decision is grouped into classes. The article also discusses the variety of decision-making methods, from those based on the intuition and experience of managers to formalized methods that use mathematical tools. This work is important for understanding and improving the decision-making process in various areas of management.
Published Version
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
More From: Scientific Notes of Taurida National V.I. Vernadsky University. Series: Economy and Management
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.