Development of Management Decisions in Entrepreneurship
Abstract
The presented study examines the role of management decisions in entrepreneurship and determines the types and ways of making management decisions as well as the prerequisites for making them.
Aim. The study aims to determine the importance of management decision-making in entrepreneurship.
Tasks. The authors formulate the definition of management decision and examine decision-making techniques, consider the potential risks in management decision-making and assess their impact on entrepreneurship, classify the types of management decisions and identify major problems that can be solved by management decisions.
Methods. This study analyzes the activities of large and small enterprises and identifies common features and differences in management decision-making. Analytical tools are used to identify the prerequisites for management decisions and concepts of management decision-making.
Results. Conditions for making the most efficient management decision for large and small enterprises are formulated. The main principles of management decision-making in entrepreneurship are identified.
Conclusions. A definition of management decisions in entrepreneurship is formulated. The types of management decisions and ways of making them are classified. The reasons and prerequisites for the development of management decisions in entrepreneurship are identified. The risks of management decision-making and their impact on entrepreneurship are analyzed.
About the Author
Nikolay A. Gusakov
St. Petersburg University of Management Technologies and Economics
Russian Federation
Russian Federation
Lermontovskiy Ave 44/A, St. Petersburg, 190103
References
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Review
For citations:
Gusakov N.A. Development of Management Decisions in Entrepreneurship. Economics and Management. 2019;(4):77-81. (In Russ.)
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