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The Essence of the Process of Decision Making as a Choice of the Existing Alternatives

Specifics of Decision Making in Modern Business Systems

ISBN: 978-1-78756-692-7, eISBN: 978-1-78756-691-0

Publication date: 1 August 2019

Abstract

Originality/value: The developed algorithm possesses the following advantages as compared to the existing scientific descriptions of this process: completeness, complex solution of the problems of the business system through managerial decisions, connection of the methodology of managerial decisions to each stage of the algorithm, and systemic character of the methodology of decision making as a choice of the existing alternatives.

Keywords

Citation

Tretyakova, O.G., Osadchaya, O.P., Kostyukova, E.I., Sirotenko, M.V. and Gimelshtein, I.V. (2019), "The Essence of the Process of Decision Making as a Choice of the Existing Alternatives", Popkova, E.G., Chesnokova, A.V. and Morozova, I.A. (Ed.) Specifics of Decision Making in Modern Business Systems, Emerald Publishing Limited, Bingley, pp. 39-45. https://doi.org/10.1108/978-1-78756-691-020191006

Publisher

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Emerald Publishing Limited

Copyright © 2019 by Emerald Publishing Limited