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THE STRATEGIC IMPLEMENTATION OF A BUSINESS ORGANIZATION’S MISSION AND MANAGERIAL DECISION

Marius Costel Esi
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Marius Costel Esi: Stefan cel Mare University of Suceava, 720229, Romania

EcoForum, 2017, vol. 6, issue 1, 39

Abstract: The global nature of social and economic development states the fact that, within every business organization a series of managerial requirements must exist, justified by the manner in the decision makers their own resolution. Therefore, managerial priorities are associated with the decision making process that can reveal a set of best practices related to the entrepreneurial activities carried out. The pragmatic implementations of decisional standards reveals the fact that, inside business organizations can be found a number of features integrated into a plurality of economic processes that can be validated through utility criteria. In these circumstances, we believe that organizational mission realization can be understood and explained taking into consideration the strategies implemented as an effect of undertaken commitments. Moreover, the present study aims to examine how an organizational mission can be implemented taking into account the managerial decisions typology. Therefore any managerial decision implies, in action terms, the existence of a pragmatic component that involves several ethical and social attributes corroborated with the result of a strategic implementation of the business organization's mission.

Keywords: mission statement; ethical/social attributes; business organization; managerial decision (search for similar items in EconPapers)
Date: 2017
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