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Perspectives on decision-making among the Romanian managers

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  • Stefanescu, Razvan

Abstract

This 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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File URL: http://mpra.ub.uni-muenchen.de/8791/
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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 8791.

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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
Handle: RePEc:pra:mprapa:8791

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Keywords: descriptive approaches of decision-making; business environment; investigation among executives; transition countries;

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