INFORMATION AND STRATEGIC DECISIONS IN ECONOMIC ENTITIES MANAGEMENT

Autor: Lucian Ioan Sabău
Jazyk: angličtina
Rok vydání: 2012
Předmět:
Zdroj: Annals of the University of Petrosani: Economics, Vol XII, Iss 4, Pp 227-234 (2012)
ISSN: 2247-8620
1582-5949
Popis: Information and decision are two key elements economic entities management. Information represents the support of decision making by those managing the economic entity, helping them take the right decision for them to achieve set objectives. Strategic decisions provide long-term success of the economic entity outlining its internal and external stand. Those responsible for making strategic decisions have the ability to influence the economic entity’s success through these decisions they take, the role of the strategy being to ensure perfect correspondence between what the economic entity can do and what it could do, given the opportunities and threats in the environment they conduct business.
Databáze: OpenAIRE