Year: 2024
Type: article
Abstract: The article analyzes the essence of the concept of managerial decision-making and presents various scientific approaches to its definition. The typical stages of the decision-making process by managers and the conditions under which modern managers are forced to make a choice are described. Modern decision-making techniques, their features, and the use of formalized and intuitive criteria are analyzed. Specific methods used by managers are presented, and popular models for choosing the optimal way to solve the organization's problems are detailed. Trends in management decision-making are studied and the decision-making process is graphically illustrated with options for alternative choices of managers. Conclusions are drawn about the relevance and importance of further research in this area of management activity.
Language: English
Field: Decision Sciences
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4405586940