4.2. Decision-making models Free Essay, Term Paper and Book Report
Strategic, tactical, and operative decisions are made on the various aspects of business operations. The vision of an industrial enterprise must take into consideration the changes in its operational environment and the leadership practices. Decision-making is supported by analyses, models, and computer-aided tools [30,31,32]. Technological advances have an impact on the business of industrial enterprises and their use of new innovations. Industrial innovations contribute to increased productivity and the diversification of production and products, they help to create better, more challenging jobs and to minimize risks. This study aims to improve decision-making in questions of field technology towards better productivity and efficiency [75,76,77,78]. Making good decisions can be enhanced by goal-oriented, analytical activity of the users of field technology aimed at maximising the use of technology. On the other hand, decision-making is complicated by various factors, including external aspects: the decision-maker is faced with a number of possible choices, and must fit together the......
Word Count: 573
Page Count: 2.2 (250 words a page / double spaced)
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