Justification of the decision-making mechanism for managing the economic results of entrepreneurial structures. Scientific and methodical article

Abstract

In order to orient business structures on effective management of economic results, the mechanism of decision-making is grounded in the article, which, based on situational modeling, determines the technology of developing control action and the structure of the process of managing economic results when changing the internal and external environment. A significant component of the management system of the economic results of business structures is the decision-making unit. The authors provide a formal description of the decision-making mechanism and graphical models for evaluating the decision-making efficiency. The proposed model of making managerial decisions for providing optimal economic results differs from the known tool of economic management, since for the universality and creation of a wide field of information of the finished decisions, relative factors and benchmarks of economic results must be used.

Authors and Affiliations

Larisa Frolova, Katerina Ivanchuk

Keywords

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  • EP ID EP564894
  • DOI 10.5281/zenodo.1304439
  • Views 63
  • Downloads 0

How To Cite

Larisa Frolova, Katerina Ivanchuk (2018). Justification of the decision-making mechanism for managing the economic results of entrepreneurial structures. Scientific and methodical article. Економічний журнал Одеського політехнічного університету, 1(3), 75-82. https://europub.co.uk/articles/-A-564894