scholarly journals An imitation model of the financial-economic mechanism of taking strategic decisions at the enterprise

2019 ◽  
Vol 61 ◽  
pp. 01027 ◽  
Author(s):  
Iryna Trunina ◽  
Iryna Kushal ◽  
Denys Zagirniak
Keyword(s):  
Financial Economic ◽  
Functional System ◽  
Strategic Decision ◽  
Innovation Activity ◽  
Strategic Decisions ◽  
Imitation Model ◽  
Strategy Of Development ◽  
System A ◽  
Crisis Conditions

The crisis conditions of the enterprise functioning restrain the possibilities for the innovation activity and lay down higher requirements to the determination of the tasks of the financial strategy of development. To enhance the adaptive possibilities the authors propose to use an imitation-class mathematical model, indicate the basic stages of its creation, determine the structure: a control system; a functional system consisting of functional financial and economic blocks, an information system including a database. We distinguished the basic indices for the analysis of the ability of the enterprise to take strategic decisions of both financial and economic components of the mechanism of their realization. The practical realization of the proposed imitation model of the financialeconomic mechanism of taking strategic decisions based on the calculation of the integral index provides the required information basis for the grounded strategic decision and further development of the enterprise.

scholarly journals The Instrumental Means of the Strategic Decision-Making in the Business Activities of Industrial Enterprises

2020 ◽  
Vol 12 (515) ◽  
pp. 417-422
Author(s):  
V. I. Otenko ◽  
◽  
A. M. Hamiie ◽  
Keyword(s):  
Decision Making ◽  
Production Efficiency ◽  
Financial Economic ◽  
Machine Building ◽  
Comprehensive Analysis ◽  
Strategic Decision ◽  
Strategic Decision Making ◽  
Corporate Management ◽  
Strategic Decisions ◽  
Industrial Enterprises

The results of recent studies of the processes of domestic enterprises prove the need to focus on decision-making in conditions of high uncertainty, institutional restrictions and interests of interested groups influencing the adoption of the strategically important decisions. The authors propose to consider the strategic decision as a result of collective choice as to means and actions that meet the principles of corporate management and the interests of the main groups – participants of corporate relations to achieve strategic goals. From such positions, the types of strategic decisions are grouped according to the following signs: purposefulness and content of the issues to make up decisions; organizational model of decision-making; completeness of knowledge and ways of their application by decision-makers. The results of a comprehensive analysis of the state and prospects of enterprise development are presented in order to study the peculiarities of strategic decision-making at the enterprises of the machine-building industry according to their allocated signs. The technology of comprehensive analysis of the strategic decisions of enterprises consists of stages and an evaluation-analytical instrumentarium – indicators and criteria, methods of evaluation, analysis and interpretation of results. The built up system of indicators corresponds to the functional spheres of the enterprise according to the criteria of financial-economic stability, production efficiency, effectiveness of marketing activities and efficiency of use of staff. The defined criteria and indicators act as rational basis for the development, comparison and choice of alternatives to development, substantiation of strategic decisions of enterprise. As a result of the carried out cluster analysis according to the computed generalized performance indicators of 18 machine-building enterprises of Kharkiv region, clusters of enterprises, development strategies and identical strategic solutions for each cluster of enterprises are allocated as follows: technical and technological development (product renewal, expansion of sale markets and search for new ones, restructuring of production capacities) and ensuring the sustainability of the financial-economic condition (through consolidation and movement of capital, saving, costs reduction, search for additional sources of income, recovery of assets).

Understanding how the contextual variables influence political behaviour in strategic decision-making

2014 ◽  
Vol 7 (3) ◽  
pp. 226-250 ◽  
Author(s):  
Said Elbanna ◽  
Ioannis C. Thanos ◽  
Vassilis M. Papadakis
Keyword(s):  
Decision Making ◽  
Strategic Decision ◽  
Strategic Decision Making ◽  
Strategic Decisions ◽  
Empirical Examination ◽  
Content Type ◽  
Political Behaviour ◽  
Practitioner Education ◽  
The Impact ◽  
Practical Implications

Purpose – The purpose of this paper is to enhance the knowledge of the antecedents of political behaviour. Whereas political behaviour in strategic decision-making (SDM) has received sustained interest in the literature, empirical examination of its antecedents has been meagre. Design/methodology/approach – The authors conducted a constructive replication to examine the impact of three layers of context, namely, decision, firm and environment, on political behaviour. In Study 1, Greece, we gathered data on 143 strategic decisions, while in Study 2, Egypt, we collected data on 169 strategic decisions. Findings – The evidence suggests that both decision-specific and firm factors act as antecedents to political behaviour, while environmental factors do not. Practical implications – The findings support enhanced practitioner education regarding political behaviour and provide practitioners with a place from which to start by identifying the factors which might influence the occurrence of political behaviour in SDM. Originality/value – The paper fills important gaps in the existing research on the influence of context on political behaviour and delineates interesting areas for further research.

scholarly journals Optimising pasture and grazing management decisions on the Cicerone Project farmlets over variable time horizons

2013 ◽  
Vol 53 (8) ◽  
pp. 796 ◽  
Author(s):  
Karl Behrendt ◽  
Oscar Cacho ◽  
James M. Scott ◽  
Randall Jones
Keyword(s):  
Simulation Model ◽  
Strategic Decision ◽  
Stochastic Dynamic ◽  
Economic Returns ◽  
Strategic Decisions ◽  
Trade Offs ◽  
Using Data ◽  
Time Frames ◽  
The Impact ◽  
Stocking Rates

This study addresses the problem of balancing the trade-offs between the need for animal production, profit, and the goal of achieving persistence of desirable species within grazing systems. The bioeconomic framework applied in this study takes into account the impact of climate risk and the management of pastures and grazing rules on the botanical composition of the pasture resource, a factor that impacts on livestock production and economic returns over time. The framework establishes the links between inputs, the state of the pasture resource and outputs, to identify optimal pasture development strategies. The analysis is based on the application of a dynamic pasture resource development simulation model within a seasonal stochastic dynamic programming framework. This enables the derivation of optimum decisions within complex grazing enterprises, over both short-term tactical (such as grazing rest) and long-term strategic (such as pasture renovation) time frames and under climatic uncertainty. The simulation model is parameterised using data and systems from the Cicerone Project farmlet experiment. Results indicate that the strategic decision of pasture renovation should only be considered when pastures are in a severely degraded state, whereas the tactical use of grazing rest or low stocking rates should be considered as the most profitable means of maintaining adequate proportions of desirable species within a pasture sward. The optimal stocking rates identified reflected a pattern which may best be described as a seasonal saving and consumption cycle. The optimal tactical and strategic decisions at different pasture states, based on biomass and species composition, varies both between seasons and in response to the imposed soil fertility regime. Implications of these findings at the whole-farm level are discussed in the context of the Cicerone Project farmlets.

scholarly journals Improvement of the Statement of Financial Results as an Information Base for Strategic Decision Making

2021 ◽  
Vol 8 (4) ◽  
pp. 69-79
Author(s):  
T. Yu. Druzhilovskaya ◽  
E. S. Druzhilovskaya
Keyword(s):  
Decision Making ◽  
Financial Statements ◽  
Educational Process ◽  
Strategic Decision ◽  
Educational Institutions ◽  
Strategic Decisions ◽  
Accounting Standard ◽  
State Sector ◽  
Information Base ◽  
Wide Range

The article presents the results of a study of the possibilities to improve approaches to generating a report on financial results as an information base for making strategic decisions. It critically analyses the significance of the changes in this report, stipulated by the draft federal accounting standard for the non-state sector “Financial statements of the organization” (FAS FS), which should come into force from 2021. The authors identify and systematize the main changes planned by the FAS FS draft in report on financial results formation, including not only adjusting certain articles, but also improving the approaches to the presentation of a number of indicators. The importance of each of these changes, their positive and negative significance for the persons making strategic decisions is determined; the main problematic and debatable issues to improve the formation of the report on financial results from the perspective of users of the reporting are identified. An example of the form of the report on financial results is provided, aimed at presenting the reliable and understandable information necessary for decision-making users. The results of the study can be useful to a wide range of readers interested in the problems of forming a report on financial results, and can also be applied in the practical work of the accounting departments of organizations, in the educational process of higher educational institutions and in the creation and improvement of relevant regulatory documents on accounting.

scholarly journals Housing associations diversifying into market renting: local contexts and (re)interpretation shaping strategic decision making

2020 ◽  
Vol 11 (1) ◽  
pp. 3-20
Author(s):  
Julie Clarke ◽  
Rachel Kirk
Keyword(s):  
Decision Making ◽  
Housing Association ◽  
Local Level ◽  
Third Sector ◽  
Strategic Decision ◽  
Strategic Decision Making ◽  
Strategic Decisions ◽  
Housing Associations ◽  
Commercial Activity ◽  
Hybrid Organisations

Within the context of housing associations as fluid third sector hybrid organisations, this article examines the dynamics of strategic decision making in relation to diversification into the market rented sector. A convergence of factors shaped an agenda for associations to engage with such commercial activity, crystallising debates about opportunities versus tensions and the remit of organisations. Qualitative research with senior housing association professionals operating in northern England illustrates the significance of external local and internal organisational contexts in making and justifying decisions; this is highlighted within an emergent typology of organisational responses. Depending on interpretation, the interplay between social and financial justifications varied, including legitimising activity within a broader social purpose. The potential for (re)interpreting parameters illustrates the importance of understanding the variety and complexity of interacting dynamics that influence the strategic decisions of third sector hybrid organisations and what they deliver at the local level.

scholarly journals Implementation and application of E-technologies in enterprise environment

2007 ◽  
Vol 55 (3) ◽  
pp. 67-74
Author(s):  
Roman Malo
Keyword(s):  
Short Time Period ◽  
Logical Model ◽  
System A ◽  
Theoretical System ◽  
Time Period ◽  
Business Area ◽  
Basic Concepts ◽  
Short Time ◽  
Base Platform

Nowadays, a problem of an e- technologies’ implementation represents one of the most important questions that are being solved within various subjects from business area. With respect of massive implementation of activities as e- commerce, e- payments and others the e- technologies’ implementation is the progressive way of these subjects’ expansion. However, due to relatively short time period in which enterprise subjects have solved there is a set of vague aspects going together with this problem. The paper analyses the area of e- technologies and defines relations between basic concepts. Following this theoretical system a few hypothesis are constructed and used as a base platform for a determination of the logical model for implementation of e- technologies in enterprise environment.

Determination of 36Cl Production Rates Derived from the Well-Dated Deglaciation Surfaces of Whidbey and Fidalgo Islands, Washington

2001 ◽  
Vol 56 (3) ◽  
pp. 366-382 ◽  
Author(s):  
Terry W. Swanson ◽  
Marc L. Caffee
Keyword(s):  
Water Content ◽  
Ground Level ◽  
Total Production ◽  
Neutron Absorption ◽  
Production Rates ◽  
System A ◽  
History Of ◽  
Dating Method ◽  
Exposure Ages

AbstractThe 36Cl dating method is increasingly being used to determine the surface-exposure history of Quaternary landforms. Production rates for the 36Cl isotopic system, a critical component of the dating method, have now been refined using the well-constrained radiocarbon-based deglaciation history of Whidbey and Fidalgo Islands, Washington. The calculated total production rates due to calcium and potassium are 91±5 atoms 36Cl (g Ca)−1 yr−1 and are 228±18 atoms 36Cl (g K)−1 yr−1, respectively. The calculated ground-level secondary neutron production rate in air, Pf(0), inferred from thermal neutron absorption by 35Cl is 762±28 neutrons (g air)−1 yr−1 for samples with low water content (1–2 wt.%). Neutron absorption by serpentinized harzburgite samples of the same exposure age, having higher water content (8–12 wt.%), is ∼40% greater relative to that for dry samples. These data suggest that existing models do not adequately describe thermalization and capture of neutrons for hydrous rock samples. Calculated 36Cl ages of samples collected from the surfaces of a well-dated dacite flow (10,600–12,800 cal yr B.P.) and three disparate deglaciated localities are consistent with close limiting calibrated 14C ages, thereby supporting the validity of our 36Cl production rates integrated over the last ∼15,500 cal yr between latitudes of 46.5° and 51°N. Although our production rates are internally consistent and yield reasonable exposure ages for other localities, there nevertheless are significant differences between these production rates and those of other investigators.

People, Not Polar Bears

2016 ◽  
Author(s):  
Amanda J. Baugh
Keyword(s):  
Decision Making ◽  
Racial Diversity ◽  
Environmental Movement ◽  
Strategic Decision ◽  
Strategic Decision Making ◽  
Polar Bears ◽  
Environmental Groups ◽  
Strategic Decisions

Chapter 1 describes Faith in Place’s origins and development within the context of the American environmental movement and with attention to strategic decisions its leaders made to help their organization survive and ultimately flourish. Although Faith in Place originated with priorities, activities, and participants that were quite similar to numerous other environmental groups, Faith in Place’s first ten years involved a series of strategic decisions in which leaders developed measures to differentiate their work from mainstream environmentalism. Strategic decision-making led to a coalition distinct for its racial diversity.

Knowledge, Innovation, and Profitability

2018 ◽  
pp. 140-159
Author(s):  
Monica Longo-Somoza
Keyword(s):  
Innovation Activity ◽  
Strategic Decisions ◽  
Policy Makers ◽  
Resource Based View ◽  
Economic Changes ◽  
Analysis Methodology ◽  
Knowledge Innovation ◽  
Biotechnology Companies ◽  
Knowledge Intensive ◽  
The Empirical Analysis

This chapter studies the identification of the profile of knowledge-intensive firms, analyzing if their innovation activity is a characteristic related with their profitability and employing as framework the ‘Resource-based view of the firm (RBV)'. Using a sample of 202 Spanish biotechnology companies, drawn from SABI database, the author has identified these firms' available data until 31st December, 2013. It has been used the cluster analysis methodology rarely employed in the preceding literature to characterise the firms of the sample. The empirical analysis results clarify the profile of the analysed firms, helping stakeholders and policy-makers to understand the dynamics of these kinds of firms and making strategic decisions accordingly over their characteristics. This would help them to grow in an orderly way and, thus, promote socio-economic changes to improve competitiveness and economic growth.

Critical Systems Perspective of Strategic Decision Making

2020 ◽  
pp. 55-80
Author(s):  
Jelena Nikolić ◽  
Dejana Zlatanović
Keyword(s):  
Decision Making ◽  
Systems Thinking ◽  
Critical Systems Thinking ◽  
Strategic Decision ◽  
Strategic Decision Making ◽  
Critical Systems ◽  
Strategic Decisions ◽  
Systems Methodology ◽  
Soft Systems ◽  
Factors Affecting

Growing complexity and diversity of strategic decisions indicate the need for applying the appropriate holistic tools in strategic decision making. Thus, the chapter deals with the process of strategic decision making from the viewpoint of critical systems thinking, with emphasis on the role of values and context in strategic decision making. The main purpose is to show how systems thinking generally and critical systems thinking particularly can help decision makers involve different perceptions and values in the process of strategic decision making, as well as take into account context in which the strategic decisions are made. Considering the key internal and external factors affecting strategic decision making, the authors have selected three systems methodologies stemming from different paradigms: soft systems methodology as interpretive, team syntegrity as emancipatory, and organizational cybernetics as functionalist systems methodology. The way in which they can be combined, aimed at improving effectiveness of strategic decision making, has been presented.

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