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Modeling Managerial Activity An Actual Challenge Or A Need?

Author

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  • Liviu Mihaescu

    (Lucian Blaga University of Sibiu, Faculty of Economic Sciences)

Abstract

In the European economic area, which becomes more and more interconnected, the management system provides ways of obtaining a performance which, on changing the size of the firm, sometimes prove to be inadequate. During that lapse of time from triggering the action when the results can be measured should be as small continuously decreasing. The information required to be used in the decision support are required more avid. The manager will use different models for measurements of indicators of discrete evaluation, but it proves that not to be the best solution. Only the availability of this information will enable them to make better decisions, and by changing the way of how the decision making needs to get a deep effect on those decisions which are currently in action.

Suggested Citation

  • Liviu Mihaescu, 2009. "Modeling Managerial Activity An Actual Challenge Or A Need?," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 44(1), pages 75-82.
    • Handle: RePEc:blg:reveco:v:44:y:2009:i:1:p:75-82
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