The Role of Decision-making Methods in Business Performance

Irina Canco ()
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Irina Canco: University of Pecs, Hungary

Review of Applied Socio-Economic Research, 2016, vol. 12, issue 2, 26-32

Abstract: Decision-making is a central problem, widespread, difficult and an intellectual engagement with responsibility to protect from risk. This paper does not cover all the problems of decision-making in business but it is focused on the impact of decision-making methods in business performance that is characterized by some performance indicators. A few theoritical problems of decision-making are presented in the framework of the paper. After the theoretical part, the actual situation of decision-making is analyzed, and the impact of the methods in business performance. The objective of the paper is to measure the impact of decision-making methods in business performance.

Keywords: decision-making; decision-making methods; financial performance; ubiquity of decision-making. (search for similar items in EconPapers)
JEL-codes: M10 M20 (search for similar items in EconPapers)
Date: 2016
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