ADAPTIVE MANAGEMENT PROCEDURAL MODEL FOR SUPPORT OF ECONOMIC ORGANIZATIONS

Marin Andreica, Madalina Popescu, Dragos Micu and Eugen Albu

Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2016, vol. 10, issue 1, 295-301

Abstract: The paper highlights the concerns of the authors from recent years and it is trying to respond to a series of new things that decision-makers face, under the pressure of the destabilizing factors in our economy. By analyzing the economic environment and its effects in the management plan, the authors propose a procedural model of assistance for adaptive management, for planning the work experienced at a company in the textile industry. Moreover, theoretical aspects are debated, in regards to adaptive and forecasting management, reaching the conclusion that these two concepts complete each other in the context of the frequent turmoil of the economic environment, and one can`t be without the other.

Keywords: adaptive; forecast management; models; objective function. (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:rom:mancon:v:10:y:2016:i:1:p:295-301

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