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The Improvement of the Company’s Management Using Econometric Techniques

Author

Listed:
  • Cornelia Gaber

    () (Universitatea Petrol-Gaze, Ploiesti)

Abstract

During the managerial process of making decisions, it is necessary to have information about the future events, and this kind of information can be obtained by using different prediction techniques. This study presents the use of the Box-Jenkins predicting technique, used to prognosis the make of a product and to underline the impact the method has on the decision making process.

Suggested Citation

  • Cornelia Gaber, 2010. "The Improvement of the Company’s Management Using Econometric Techniques," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 1020-1023, May.
  • Handle: RePEc:ovi:oviste:v:10:y:2010:i:1:p:1020-1023
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    More about this item

    Keywords

    managerial decision; prediction; development;

    JEL classification:

    • M19 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Other
    • C5 - Mathematical and Quantitative Methods - - Econometric Modeling

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