scholarly journals How Business Process Managements Impacts Decision Making Process of Fashion Start Up Business

2016 ◽  
Author(s):  
Nia Alprilia ◽  
Manahan Siallagan
Keyword(s):  
Decision Making ◽  
Business Process ◽  
Decision Making Process ◽  
Start Up

scholarly journals The impact of information technology in decision making process of companies in Kosovo

2018 ◽  
Vol 51 (1-2) ◽  
pp. 13-23
Author(s):  
Emin Qerim Neziraj ◽  
Aferdita Berisha Shaqiri
Keyword(s):  
Decision Making ◽  
Information Technology ◽  
Decision Maker ◽  
Business Process ◽  
New Technologies ◽  
Decision Makers ◽  
Decision Making Process ◽  
Or Organization ◽  
The Impact ◽  
Future Business

Before the decision makers set much higher requirements in the decision-making than ever before due to the environment of decision-makers subject to change under the influence of progress and development of new technologies, networking individual or organization inside and the outside environment, and modern means of communication enabling continuous inflow, flow and sharing of data and information. In these modern conditions the process of collecting, analyzing, selecting data and information to make informed decisions in the context of possible restrictions and the available options, and ultimately making decisions as the basis for future business or behavior, is not simplified. The use of new technologies in the decision-making process provided numerous opportunities to facilitate decisions selection. However, the decision maker should still be able to differentiate which knowledge should be used to serve in decision making, and which models, methods, tools, systems, and procedures to be used in certain situations, with the purpose of successful decision selection. In this paper, we will examine the decision making process during the business process of the companies in Kosovo.

Starting up in Business

2006 ◽  
Vol 7 (3) ◽  
pp. 149-159 ◽  
Author(s):  
Paul Greenbank
Keyword(s):  
Decision Making ◽  
Decision Making Process ◽  
Business Owner ◽  
Policy Makers ◽  
Rational Decision Making ◽  
Self Employment ◽  
Factors Influencing ◽  
Actual Experience ◽  
Career Option ◽  
Start Up

This paper is based on interviews with 58 micro-business owner-managers. It examines the factors influencing their decision to start up in business and classifies them as either ‘dissatisfiers’ or ‘motivators’. The research found that uncertainty in the decision-making process arises because the motivation to become self-employed is often based on beliefs rather than actual experience. This is important because uncertainty increases the perceived level of risk attached to self-employment as a career option. If self-employment is to be promoted, policy makers need to encourage more rational decision making and to provide programmes that actually involve the experience of running a small business.

A Vision Regarding the Role of Financial-Accounting Practices in Tourism

2021 ◽  
pp. 208-218
Author(s):  
Traian Ovidiu Calotă
Keyword(s):  
Decision Making ◽  
Accounting Information ◽  
Financial Accounting ◽  
Decision Making Process ◽  
Primary Role ◽  
Accounting Management ◽  
Important Impact ◽  
Start Up ◽  
System Information

The primary role of general management's professionalism depends, to a large extent, on the correct assessment of the value of using the accounting information provided by the accounting management and, respectively, the efficient use in the decision-making process. What is extremely important is the fact that this process must be seen as in a continuously dynamic, as well as the fact that the options used must be in line with the permanent flow of opportunities that must be notified in time and exploited in the interest of economic entities. In the author's opinion, this aspect is predilection specific to tourism activities, with an important impact on success in this type of business. Thus, the opportunities are manifested and often start from them, from the start-up phase of a business, when the capital contribution will be made according to the perspectives opened by these opportunities, and then the construction of the tourist entity itself (including the system information-accounting) will be influenced by this.

scholarly journals Decision Support System Research on Forest Tending Problems Based on Process Management System

2019 ◽  
Author(s):  
Hui Jing ◽  
Wukui Wang ◽  
Aline Umutoni
Keyword(s):  
Decision Making ◽  
Decision Support ◽  
Decision Support System ◽  
Business Process ◽  
Support System ◽  
Process Management ◽  
Decision Makers ◽  
System Structure ◽  
Planning System ◽  
Decision Making Process

In this study, the decision-making process management of forest tending in the forestry business is decentralized, and forest tending decision-making activities at different points in time are integrated by decision makers at different geographical locations. The decision-making process was analyzed and optimized from a system perspective. Based on the optimized decision-making process, a forest tending business group decision support system (FTGDSS) was established. We first reviewed and discussed the characteristics and development of the forest tending business and forestry decision support system. Business Process Modeling Notation was used to draw a current state flow chart of the forest tending business, to identify and discover important decision points in the process of tending decision-making. We also analyzed the content and attributes of each decision point, and described the system structure, functional framework, knowledge base structure, and reasoning algorithm of FTGDSS in detail. Finally, FTGDSS was evaluated from the two dimensions of the technology adoption model. FTGDSS integrates different levels of time-space decision-making activities, historical tending data, business plans, decision-makers' management tendencies into the decision-making process and automatically extracts decision-making data from the forest business process management enterprise resource planning system (Smartforest) that improves the ease of use of the decision support system (DSS). It also improves the quality of forest tending decisions, and enables the DSS to better support multi-target management strategies.

scholarly journals NEW AGGREGATION OPERATORS FOR DECISION-MAKING UNDER UNCERTAINTY: AN APPLICATIONS IN SELECTION OF ENTREPRENEURIAL OPPORTUNITIES

2017 ◽  
Vol 24 (2) ◽  
pp. 335-357 ◽  
Author(s):  
Fabio BLANCO-MESA ◽  
Anna María GIL-LAFUENTE ◽  
José M. MERIGÓ
Keyword(s):  
Decision Making ◽  
Decision Making Process ◽  
Sources Of Information ◽  
Start Up ◽  
Selection Indices ◽  
New Business ◽  
Decision Making Processes ◽  
Level Of Importance ◽  
Logic Reasoning

The main aim of this paper is to study how economic environment and logic reasoning guidance the decision-making process to start-up a new business by potential entrepreneurs. The study proposes a new method using the family of selection indices with OWA operator, which allows aggregating information according to the level of importance and their level of objectivity and subjectivity in the same formulation within the decision-making process. To develop case study, we have taken into account some industries of the sports sector and some critical environmental factors that influence the competitiveness and entrepreneurship in Colombia to start a new business. The results show in an orderly way all information aggregated, which can help potential investors and entrepreneurs to make a decision based on their preferences. Finally, the applicability of this method in real case can be given in aggregation different sources of information to help at dealing decision-making processes.

scholarly journals Making sense of business analytics in project selection and prioritisation: insights from the start-up trenches

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Efpraxia D. Zamani ◽  
Anastasia Griva ◽  
Konstantina Spanaki ◽  
Paidi O'Raghallaigh ◽  
David Sammon
Keyword(s):  
Decision Making ◽  
Business Model ◽  
Project Selection ◽  
Decision Making Process ◽  
Business Analytics ◽  
Multiple Perspectives ◽  
Content Type ◽  
Start Up ◽  
Sensemaking Process ◽  
Start Ups

PurposeThe study aims to provide insights in the sensemaking process and the use of business analytics (BA) for project selection and prioritisation in start-up settings. A major focus is on the various ways start-ups can understand their data through the analytical process of sensemaking.Design/methodology/approachThis is a comparative case study of two start-ups that use BA in their projects. The authors follow an interpretive approach and draw from the constructivist grounded theory method (GTM) for the purpose of data analysis, whereby the theory of sensemaking functions as the sensitising device that supports the interpretation of the data.FindingsThe key findings lie within the scope of project selection and prioritisation, where the sensemaking process is implicitly influenced by each start-up's strategy and business model. BA helps start-ups notice changes within their internal and external environment and focus their attention on the more critical questions along the lines of their processes, operations and business model. However, BA alone cannot support decision-making around less structured problems such as project selection and prioritisation, where intuitive judgement and personal opinion are still heavily used.Originality/valueThis study extends the research on BA applied in organisations as tools for business development. Specifically, the authors draw on the literature of BA tools in support of project management from multiple perspectives. The perspectives include but are not limited to project assessment and prioritisation. The authors view the decision-making process and the path from insight to value, as a sensemaking process, where data become part of the sensemaking roadmap and BA helps start-ups navigate the decision-making process.

scholarly journals Success measurement of business processes

2018 ◽  
Vol 12 (2) ◽  
pp. 113-119
Author(s):  
Ivica Kaniški ◽  
Ivan Vincek
Keyword(s):  
Decision Making ◽  
Dynamic System ◽  
Business Process ◽  
Business Processes ◽  
It Management ◽  
Decision Making Process ◽  
Complex Activity ◽  
Specific Goal ◽  
Success Measurement

A business process is an activity or set of activities that accomplish a specific goal of an organization. In almost every organization there are three important pillars that keep the whole organization together - people, processes and technology. All three are linked and if one of them does not work well, others can easily collapse. Success Measurement is a complex activity that includes at least four disciplines: economics, IT, management and accounting, implying the process of quantifying the effectiveness and effectiveness of an action. Success Measurement is a dynamic system that supports the decision-making process by collecting and analyzing information.

scholarly journals Analysis and Implementation of Process Business Integration Systems in Consultant Service Companies

2019 ◽  
Author(s):  
Yumna Puspita ◽  
M. Malik
Keyword(s):  
Decision Making ◽  
Qualitative Research ◽  
Real Time ◽  
Business Process ◽  
Business Processes ◽  
Decision Making Process ◽  
Service Companies ◽  
Business System ◽  
Effectiveness And Efficiency ◽  
The Impact

This paper discusses the Analysis and Implementation of Process Business Integration Systems at Consultant Service Companies. This study took the case of a consulting service company in Indonesia with qualitative research and the process of collecting data through observation, interviews and trials. The consulting company divides the workintheformofprojectsaccordingtothenumberofclients.Businessprocessesthat are integrated into each project are very important to support project’s implementation activities and decision making that is fast, precise, and accurate. The impact of a system that is not integrated will reduce effectiveness and efficiency in the decision making process in the business. In addition, the management must know the progress of project’s activities in real time, detailed and timely, so that the management can make decisions quickly, precisely and accurately. Therefore, optimizing the company’s business system processes needs to be considered, so that the company’s business processes becomes effective and efficient. In this study, the author will optimize the system’s procedures before obtaining a project, implementing a project and after a project is done, and then providing a recommendation regarding the preparation of systems related to the business process.

scholarly journals IMPLEMENTATION OF BUSINESS INTELLIGENCE ON BANKING, RETAIL, AND EDUCATIONAL INDUSTRY

2013 ◽  
Vol 7 (2) ◽  
pp. 65 ◽  
Author(s):  
Arta Moro Sundjaja
Keyword(s):  
Decision Making ◽  
Information Technology ◽  
Business Process ◽  
Business Intelligence ◽  
Large Data ◽  
Daily Basis ◽  
Decision Making Process ◽  
Data Set ◽  
Large Data Set

Information technology is useful to automate business process involving considerable data transaction in the daily basis. Currently, companies have to tackle large data transaction which is difficult to be handled manually. It is very difficult for a person to manually extract useful information from a large data set despite of the fact that the information may be useful in decision-making process. This article studied and explored the implementation of business intelligence in banking, retail, and educational industries. The article begins with the exposition of business intelligence role in the industries; is followed by an illustration of business intelligence in the industries and finalized with the implication of business intelligence implementation.

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