The Speed of Business Communication, 1883

1964 ◽  
Vol 38 (3) ◽  
pp. 370-375
Keyword(s):  
Nineteenth Century ◽  
Decision Making ◽  
Business Communication ◽  
Reliable Information ◽  
Business Decision ◽  
Business World ◽  
The Impact

The impact of the telegraph upon the nineteenth-century business world was revolutionary in its magnitude. By economically and swiftly separating communications from transportation, telegraphy increased the flow of reliable information and the pace of business decision-making to a degree unapproached by any previous innovation.

Research on the Consumer Demand of Decision Making in the E-Commence System Building Process

2011 ◽  
Vol 71-78 ◽  
pp. 2895-2898
Author(s):  
Jian Min Xie ◽  
Qin Qin
Keyword(s):  
Decision Making ◽  
Rough Set ◽  
Consumer Satisfaction ◽  
Rough Set Theory ◽  
Consumer Demand ◽  
Successful Implementation ◽  
Business Decision ◽  
Building Process ◽  
Demand Reduction ◽  
The Impact

In the process of developing e-commerce system, enterprises are able to accurately understand and grasp the needs of the user enterprise that is the key to the successful implementation of e-commerce. Based on this, the article proposed a new method which was based on the process of developing consumer demand for e-business decision-making though a rough set theory. This new approach is built using rough set decision model to calculate the different needs of the impact on consumer satisfaction, come to an important degree of each demand and the demand reduction order. This method overcomes the traditional rough set method cumbersome bottlenecks, and helps operating; cases studies show that the proposed method is simple and effective.

Evaluation and Importance of Business Ethics in Terms of Organizational Culture

2021 ◽  
pp. 248-275
Author(s):  
Zafer Adiguzel
Keyword(s):  
Decision Making ◽  
Business Ethics ◽  
Academic Research ◽  
Organizational Factors ◽  
Scientific Discipline ◽  
Global Market ◽  
Business World ◽  
Unethical Practices ◽  
Norms And Values ◽  
The Impact

Business ethics is a scientific discipline that analyzes and explains norms and values that guide the business world. When the books and academic researches about business ethics are examined, it is understood that interest in business ethics has started to increase. Among the most important reasons for business interest, ethics is the impact of economic development and globalization. The story of the economy and the adaptation to the global market with each passing day has brought unethical practices to the agenda. It is considered that models that improve the decision-making mechanisms of managers against corrupt practices are deemed necessary. In the study, many studies have been cited as references to explain business ethics' individual and organizational factors. It aims to contribute to the literature with the results and results of the academic research conducted on these models.

Novice's Performance and Satisfaction Improvement Through Expert Decision Support Usage

2004 ◽  
pp. 163-182
Author(s):  
Lucila Perez ◽  
Michel Plaisent ◽  
Prosper Bernard ◽  
Lassana Maguiraga
Keyword(s):  
Neural Networks ◽  
Decision Making ◽  
Decision Support ◽  
Positive Impact ◽  
Business World ◽  
New Employees ◽  
Training Tool ◽  
Treatment Groups ◽  
The Impact

Decision support technology, Expert Systems, Executives Information Systems, and Artificial Neural Networks, have been reported to be useful tools to enhance the performance of managers as they helped them to gain more knowledge, experiences, and expertise and consequently enhance the quality of the decision-making. They can also be used as a training tool to transfer the knowledge of the expert to middle and top management and thus improve the performance of new employees. This communication reports the conclusions of a study conducted to verify the impact of the use of the EDSS technology (Expert Decision Support Systems) on the performance and satisfaction of new employees in the business world. A laboratory experiment using control groups and treatment groups was held to test the research model. The results indicate that EDSS technologies do have a positive impact on the performance of the users.

scholarly journals COMPETENCY MODEL AND MULTI-CRITERIA DECISION MAKING IN TOURISM AND HOTEL INDUSTRY IN SERBIA

TEME ◽  
2020 ◽  
pp. 549
Author(s):  
Natasa Stanisic ◽  
Slobodan Rajko Čerović
Keyword(s):  
Decision Making ◽  
Evaluation System ◽  
Career Advancement ◽  
Hotel Industry ◽  
Team Work ◽  
Travel Agency ◽  
Multi Criteria Decision Making ◽  
Business Decision ◽  
Business World ◽  
The People

In today’s global and highly competitive business world what essentially differentiates one organization from another are the people who work there. Regardless of the technological advantages of a hotel or a travel agency, the people, their development, motivation and satisfaction are key factors for success on the market. Therefore, many hotels started applying competency models to determine skills, knowledge and personal characteristics needed for good business performance. The advantages of this model are also reflected in the recruitment, selection, training, development, promotion, performance evaluation, and rewarding employees. The emphasis is on the selection of career advancement criteria by the multi-criteria decision-making process, the essence of which is to identify all available criteria for comparing possible alternatives, to compare all the alternatives according to the selected criteria, and thus to choose the most favourable alternative. The aim of the research is to develop a software package that will, based on executive manager’s selection in a hotel and a travel agency, present specific steps of business decision-making application in the field of human resources. The AHP method is used to conduct a weight analysis of professional competencies prioritized for future reference in terms of career advancement. Sampling methods for data collection from eight top hotel managers and five travel agency managers are used for the purpose of this paper, as well as qualitative and quantitative surveys including interviews and questionnaire. A detailed case study illustrates the application of the proposed evaluation system for management staff advancement in tourism and hotel industry. The estimated results show that the most important criterion is professional knowledge, followed by business planning and subsequently team work and foreign language skills.This solution is general and can also be applied in candidates ranking for employment, promotion or training.

The Impact of Customer Orientation and Family Decision-Making Style on Family Business Performance

2019 ◽  
Vol 27 (02) ◽  
pp. 147-176
Author(s):  
Jeremy Alan Woods ◽  
Sharon M. Danes ◽  
Joshua Uhalt
Keyword(s):  
Decision Making ◽  
Family Business ◽  
Customer Orientation ◽  
Family Members ◽  
Business Owners ◽  
Data Set ◽  
Business Decision ◽  
Family Decision ◽  
Family Decision Making ◽  
The Impact

The purpose of this study was to investigate the relationship of certain characteristics of family business decision-making processes (customer orientation and open and negotiating family decision-making styles) to business and family goal achievement as mediated by emotions (family supportiveness). We undertook this study to better understand why certain family businesses make consistently better decisions than others, leading them to earn more money and have family members who are happier in their home lives. Decision theory undergirded the study development. The sample consisted of 277 family business owners, and the data are from the National Family Business Panel data set. Our results showed that if the business owners focused on customer satisfaction and product quality when making decisions, they tended to make more money and tended to be happier at home. If families made business decisions in open and negotiating ways, their members were happier about their decisions because they felt supported by the other family members. Furthermore, family members who felt good about the support they got from their family members in their business decision-making were also happier in their home lives in general.

The Impact of Information Visualisation on the Quality of Information in Business Decision-Making

2015 ◽  
Vol 11 (2) ◽  
pp. 61-79 ◽  
Author(s):  
Alenka Zabukovec ◽  
Jurij Jaklič
Keyword(s):  
Decision Making ◽  
Value Of Information ◽  
Decision Makers ◽  
Access To Information ◽  
Quality Of Information ◽  
Business Decision ◽  
Information Visualisation ◽  
Different Types ◽  
The Impact

The visualisation of information for business decision-making is a relatively understudied area despite the promising benefits. Previous research confirms the value of information visualisation. Still, the mechanisms of the impacts on the quality of information are poorly understood. Therefore, the authors examine the impact of the quality and quantity of information visualisation on the quality of the content and access to information among different types of users and for various types of use. The results show the varying importance of the quality and quantity of visualisation for the quality of information and that there are statistically significant differences between groups of decision-makers and decision-making in various situations. Information visualisation adjustments for different user perceptual types and for various business decision-making situations can increase the quality of information and potentially lead to the faster and more accurate receipt and processing of business information.

scholarly journals Challenges and directions of developing business communication on the global market

2021 ◽  
Vol 7 (3) ◽  
pp. 67-103
Author(s):  
Slobodan Rakić ◽  
Vladimir Adamović ◽  
Marko Špiler
Keyword(s):  
Information And Communication Technologies ◽  
Communication Technologies ◽  
Business Communication ◽  
Global Market ◽  
Business World ◽  
Use Of Technology ◽  
Modern Business ◽  
Information And Communication ◽  
Political Economic ◽  
The Impact

Experts who deal with the essence of communication businesses in the theoretical and practical sense, point out the fact that the process of business communication, at the beginning of the third millennium, conceptually and substantively, has changed greatly. These changes are of a technological nature, but also have a specific political, economic, social, cultural, psychological and any other relevant definition. This paper points to a paradigm shift in the application of information and communication technologies, which is happening due to explosion of technology in society and the impact of globalization on modern business communication. Recomposing the worldview and applying new methods and content is necessary to obtain the relevant effects of business communication. The business world challenges us to use business communication by applying information and communication technologies in the way of the 21st century, not so much in the use of technology, but in the attitudes that shape its use.

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