scholarly journals Adoption of management decisions based on programming methods as a subgroup of methods for optimizing performance indicators

2019 ◽  
Vol 4 (9) ◽  
pp. 34-44
Author(s):  
А. Тебекин ◽  
A. Tebekin
Keyword(s):  
Decision Making ◽  
Performance Indicators ◽  
Management Decision ◽  
Management Decisions ◽  
General Classification ◽  
Managerial Decisions ◽  
Management Decision Making ◽  
First Time

The author's classification of management decision-making methods, including twenty-five classes of methods, is presented for the first time. As part of the general classification of management decision-making methods, the role and place of a group of methods for making managerial decisions based on the optimization of performance indicators was demonstrated. In the group of methods for making managerial decisions based on the optimization of performance indicators, a subgroup of programming methods (linear, nonlinear and dynamic) is considered in detail. The features of use and application are shown when making managerial decisions of a subgroup of programming methods.

scholarly journals METHODS OF MANAGEMENT DECISION-MAKING BASED ON GAME THEORY AS A GROUP OF METHODS OF STRATEGIC DECISION-MAKING CLASS BASED ON THE OPTIMIZATION OF PERFORMANCE INDICATORS

2018 ◽  
pp. 14-23
Author(s):  
A. V. Tebekin
Keyword(s):  
Game Theory ◽  
Decision Making ◽  
Performance Indicators ◽  
General System ◽  
Strategic Decision ◽  
Strategic Decision Making ◽  
Management Decision ◽  
Management Decision Making

Within the framework of the General system of management decision-making methods, the role and place of management decision-making methods based on the optimization of performance indicators are shown. The features and areas of application of methods of game theory as a group of methods of the class of strategic decisionmaking based on the optimization of performance indicators are considered. The classification of a group of methods of management decision-making based on the theory of games on the basis of cooperation, symmetry, the value of the total amount, sequence of actions, completeness of information, finiteness of the number of steps, continuity, purity of strategies, type of winning function.

Some Observations on Marketing Research in Top Management Decision Making

1969 ◽  
Vol 33 (4) ◽  
pp. 10-15 ◽  
Author(s):  
John G. Keane
Keyword(s):  
Decision Making ◽  
Marketing Research ◽  
Management Decision ◽  
Top Management ◽  
Management Decisions ◽  
Management Decision Making

The author's comments on the role of marketing research in top management decisions are based on his association with six companies (and continuing contact with many more) spanning manufacturing, consulting, and advertising. Some of these observations on the diverse marketing research-top management interface in decision making were presented to the Chicago Chapter of the American Marketing Association. The Chapter conferred a Merit Award on the earlier presentation during its 1968 competition for papers advancing the science of marketing.

Development of the Urban Environment Based on the Optimization of Management Decision-Making

2020 ◽  
Vol 26 (3) ◽  
pp. 322-327
Author(s):  
V. M. Medvedev
Keyword(s):  
Decision Making ◽  
Urban Environment ◽  
Management Decision ◽  
Practical Implementation ◽  
Management Decisions ◽  
Environment Management ◽  
Management Decision Making ◽  
High Level

The presented study identifies approaches to decision-making aimed at the optimal development of the urban environment.Aim. The study aims to develop proposals for improving methodological approaches aimed at the development of the urban environment and for using these approaches in the preparation of the corresponding management decisions.Tasks. The author assesses the problem of urbanization and shows how it affects the need to modernize the urban environment; formulates the principles of optimization of management decision-making aimed at the development of the urban environment; evaluates the possibility of the practical implementation of these principles (through the example of the federal city of St. Petersburg).Methods. This study uses strategic analysis, systems and case-based approach, comparative and retrospective analysis.Results. The practical aspects of designing the processes and approaches to urban environment management are examined. The efficiency of management is shown to depend largely on the optimization of management decisions that could improve the effectiveness of individual services aimed at the formation and development of a modern urban environment in the long term. The study describes the successful experience of St. Petersburg in developing the complex of urban environment management services.Conclusions. Improving urban environment management is an important aspect of increasing the population’s quality of life. As evidenced by St. Petersburg’s experience, to achieve a high level of comfort in the urban environment it is necessary to actively use the principles of consistency, innovation, and public participation in decision-making. The author recommends normative consolidation of these principles and their more active practical application in the management of Russian cities.

Modeling management decision making in the socially oriented business structures

2021 ◽  
Vol 96 (3) ◽  
pp. 78-86
Author(s):  
L. I. Kulakova ◽  
◽  
A. V. Polyanin ◽  
V. V. Tarnovskiy ◽  
◽  
...  
Keyword(s):  
Mathematical Models ◽  
Management Decision ◽  
Phase System ◽  
Management Decisions ◽  
Managerial Decision ◽  
Two Phase ◽  
Managerial Decisions ◽  
Non Linear ◽  
Management Decision Making ◽  
Business Structures

The article discusses the main economic and mathematical models used in making and implementing management decisions. It has been established that the beginning of making a managerial decision is determined by the nature of solution of managerial problem: creative and standard, implementation of a managerial decision is subordinate to the certainty of the result, that is, its probabilistic or deterministic outcome. The procedure and modeling of the process of making and implementing management decisions will be linear or non-linear. On this basis, the types of mathematical models for solving managerial problems are considered when making and implementing managerial decisions to optimize the chosen option. The author's model is proposed based on a two-phase system from the theory of queues with elements of nonlinear programming for making and implementing managerial decisions in socially oriented business structures. The model includes a combination of linear and non-linear programming. Since when conducting business, socially oriented entrepreneurial structures are aimed at obtaining two types of effects, both commercial and social.

scholarly journals INFORMATION SUPPORT FOR PROCESS AUTOMATION DEVELOPMENT AND MANAGEMENT DECISION MAKING

2019 ◽  
Vol 40 (2) ◽  
pp. 88-92
Author(s):  
S.D. Skurtol ◽  
S.M. Kontseba ◽  
H.Iu. Rodashchuk
Keyword(s):  
Decision Making ◽  
Information Support ◽  
Management Decision ◽  
Process Automation ◽  
Managerial Decisions ◽  
Management Decision Making ◽  
Development And Management

In the article is considered the importance of information and its influence on the efficiency of making managerial decisions, the expediency of systemic using of information and the formation of information support for the process of making managerial decisions. The problems of information support of enterprises activity are analyzed.

scholarly journals RISK STUDY IN THE DECISION-MAKING MANAGEMENT PROCESS

2021 ◽  
Author(s):  
Olha Matvieieva ◽  
Olha Bondarenko ◽  
Oksana Duksenko
Keyword(s):  
Decision Making ◽  
Economic Behavior ◽  
Management Decision ◽  
Management Decisions ◽  
Managerial Decision ◽  
Economic Relations ◽  
Managerial Decisions ◽  
Degree Of Risk ◽  
Economic Thinking ◽  
The Impact

The article examines the essence of risk in the process of making managerial decisions and the reasons for its occurrence. The subject of risk acceptance research is established. It is proved that the source of risk is uncertainty caused by irreversible inconsistency of elements of the whole economic system and the presence of sources that contribute to its growth, as well as: limited resources at the stage of making or implementing management decisions, influence of the a posteriori period, object of economic relations, existing differences and stereotypes in the economic behavior of different subjects of economic relations. Risk research is presented structured according to two dichotomies: the first – division into researches connected with risk assessment, and works in which acceptance of risk is studied; the second is based on the fact that decisions can be collective or made by a single entity. Factors influencing the degree of risk and its probability in the process of making management decisions are given. The dependence of alternatives and management decisions on the degree of risk and its probability is revealed. A critical analysis of risk theory identified the impact of the "law of risk" on the organization of economic activity and the decision-making process. The process of making managerial decisions is described taking into account the main types of managerial decisions, which is based on theories of decision making. It is proved that the theory of decision-making requires a new economic thinking, which will complement it by studying the behavior of not abstract, but the real subject of economic relations, which, in turn, will ensure the effectiveness of management decisions. The main provisions of the theory of decision making in the presence of risk are revealed. The dominant theory of managerial decision – making in the presence of risk is studied – the theory of maximizing the expected utility. The general regularity in the process of making the management decision taking into account alternatives and probability of risk is revealed. Determination of management decisions – willingness to take risks, which can be understood as a willingness to go beyond situational constraints, goal setting, including testing of personal abilities, theoretical knowledge and practical skills, qualifications, willingness to control the results of management.

scholarly journals The tasks of the analytical support of management and their implementation

2020 ◽  
Vol 11 (2) ◽  
pp. 41-48
Author(s):  
I. Lazaryshyna ◽  
◽  
O. Symonenko ◽  
Keyword(s):  
Decision Making ◽  
Cash Flows ◽  
Information Support ◽  
Enterprise Management ◽  
Management Decision ◽  
Effective Management ◽  
Strategic Decisions ◽  
Managerial Decisions ◽  
Management Decision Making ◽  
Decision Making System

The article is devoted to the actual and less studied problem of realization of the management decision-making analytical support tasks. It is grounded that full or partial uncertainty of the environment in which the enterprise operates determines the clearly structured regulations formation that maximize the information support volume and quality. It is noted that the analytical support task at tactical and strategic management levels is different. On the basis of application of scientific research common scholarly and special methods, the coordination of analytical support tasks of their realization decision-making and consequences in activity-based management was carried out. The comparison of the effective and efficient enterprise management essence has been carried out. It is determined that effective management is the integration of functional and infrastructural components to achieve the long-term enterprise goals. The comparative analysis of traditional tasks of effective management economic analysis and analytical support was carried out. It has been substantiated that the analytical support tasks must necessarily be coordinated with the format of the management solution support system and the management type. A strong correlation between effective management and accounting and analytical support has been established. The influence of tactical and strategic decisions information support by the level of materiality on the reasons of low-quality management has been identified. The model of managerial decisions acceptance and realization in the activity-based management system is reviewed and supplemented. It is offered to allocate two groups of management performance assessment indices-indicators. The first indices-indicators group includes indices of dynamics of assets, capital, liabilities, incomes, expenses, financial results, cash flows. The second group includes indices characterizing the decision-making system as a whole.

scholarly journals Directions of efective system of managment decisions making on the example of agricultural machinery industry enterprise

2021 ◽  
Vol 69 (2) ◽  
pp. 129-136
Author(s):  
S. Frunza
Keyword(s):  
Decision Making ◽  
Production Process ◽  
Machine Building ◽  
Management Decision ◽  
Decision Making Process ◽  
Agricultural Machinery ◽  
Management Decisions ◽  
Machinery Industry ◽  
Management Decision Making ◽  
Theoretical Foundations

In Ukraine, taking into account the constant changes in the economy and policy, the enterprises need to improve management decision-making systems for efficient and well-established production process. Thus it is especially important for the state economy to establish a system of management of the machine-building industry in the field of agricultural production as they: provide the main share of revenues to GDP in Ukraine; are the main source for ensuring the food and agricultural products development. The objective of the paper is to investigate more thoroughly the theoretical foundations of the management decision-making system formation, to develop the direction for optimization under the conditions of uncertainty and risk on the example of agricultural machinery industry enterprise. The theoretical foundations of management decisions at the enterprise as a process for developing and selecting the most effective solution to achieve the best results in the enterprise are outlined in this paper. The factors influencing management decisions such as: degree of risk; information; time; personal qualities of the leader are considered. Methods for application contributing to the most optimal decisions such as: traditional, systematic, economic-analytical, systemic and targeted are identified. Analysis of the current state of agricultural machinery industry development in Ukraine, which shows the dynamics in the direction of deteriorating their condition is carried out. Therefore, there is the need to make management decisions concerning the establishment of their system in management. For example, the agricultural machinery company JSC «Elvorti» is considered. The problem of effective management which requires optimization of directions in the process of making managerial decisions in order to improve its activities is determined. The following factors of the influence on crisis phenomena in the given industry: external factors (political, economic) and internal factors (lack of working capital) significantly affecting the activities results are considered. On the basis of JSC «Elvorti» activity analysis, it is proved that it is necessary to take optimization measures and certain directions in the management decision-making process in order to ensure effective operation. The directions for control, simplification of decision-making process due to automation of document circulation on the basis of 1C, motivation of the personnel which will be able to improve organizational structure of the enterprise and production process are proposed.

Supplier relationship management as an investment: evidence from a UK study

2005 ◽  
Vol 30 (4) ◽  
pp. 27-42 ◽  
Author(s):  
Andrew Cox ◽  
Chris Lonsdale ◽  
Glyn Watson ◽  
Yi Wu
Keyword(s):  
Decision Making ◽  
Relationship Management ◽  
Management Decision ◽  
Supplier Relationship Management ◽  
Management Decisions ◽  
Management Decision Making ◽  
Decision Making Framework ◽  
The Cost ◽  
Supplier Relationship

This article is based upon two contentions. The first is that supplier relationship management decisions should be treated as a form of investment. The reasoning behind this view is that such decisions always involve some kind of cost and are aimed at generating some kind of return. The second is that these two elements – cost and return – should be joined in a relationship decision-making framework by two further elements: risk and inter-organisational power. It is argued in the article that a consideration of power in relationship management decision-making is particularly important as it can completely alter the cost-return ratio. The authors'arguments are illustrated in the article by case evidence collected during a two-year, EPSRC-funded UK-based study.

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