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The problem of rationalization in management decision–making

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  • V. K. Vula

Abstract

In modern conditions, for each enterprise, the development and adoption of strategic decisions are an integral part of its activities. The situations developing in the production sphere of any company are often characterized by the complexity of tasks, dynamism of processes, inaccuracy and variability of data on the current state of affairs. In such conditions, the managerial and coordination capabilities of a manager often cannot cover large amounts of information necessary for understanding and making the right decisions in the process of managing a number of technological operations and production procedures. As a result, the risk of business management violations increases.The relevance of the study of the directions of rationalization of the model of formation and implementation of strategic decisions in the company is due to the fact that in conditions of increasing competition and increasing globalization, the successful activity of the enterprise can be ensured by timely rationalization of the model of strategic business development. The purpose of the study is to consider the directions of rationalization of the model of formation and implementation of strategic decisions in the company.

Suggested Citation

  • V. K. Vula, 2023. "The problem of rationalization in management decision–making," Entrepreneur’s Guide, JSC “Publishing Agency “Science and Educationâ€, vol. 16(4).
    • Handle: RePEc:ahc:journl:y:2023:id:1827
    DOI: 10.24182/2073-9885-2023-16-4-123-127
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