Perspectives on decision-making among the Romanian managers
AbstractThis paper examines, in the tradition of descriptive approaches of decision-making, how Romanian executives actually make decisions. It is based on an investigation in which managers from Romania were interrogated about some aspects of the decision-making. The conclusion of this study is that the Romanian managers don’t follow all the recommendations of classical decision theory when they make decisions. That situation is caused not only by the high instability of business environment, but also by some elements of the managerial culture.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 8791.
Date of creation: 20 Dec 2004
Date of revision: 17 May 2008
Publication status: Published in THE ANNALS OF “DUNĂREA DE JOS” UNIVERSITY OF GALATI ISSN 1584-0409.FASCIC(2005): pp. 115-118
descriptive approaches of decision-making; business environment; investigation among executives; transition countries;
Find related papers by JEL classification:
- D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
- M10 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-05-24 (All new papers)
- NEP-KNM-2008-05-24 (Knowledge Management & Knowledge Economy)
- NEP-LAB-2008-05-24 (Labour Economics)
- NEP-TRA-2008-05-24 (Transition Economics)
- NEP-UPT-2008-05-24 (Utility Models & Prospect Theory)
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