Information Demand As The First Step In The Decision Making Process

Decision making in a turbulent business environment requires dynamic management instruments, which will move the center of gravity of decisions, making it adapt to changes occurring in the environment in a very flexible way. Identifying information, is the first step in the decision making process f...

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Bibliographic Details
Published inÓbuda University e-bulletin Vol. 7; no. 3; pp. 1 - 5
Main Authors Szkutnik, Jerzy, Łęgowik-Małolepsza, Małgorzata, Łęgowik-Święcik, Sylwia
Format Journal Article
LanguageEnglish
Published Budapest Óbuda University Keleti Károly Faculty of Economics 01.01.2017
Subjects
Cement industry
Decision making
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Summary:Decision making in a turbulent business environment requires dynamic management instruments, which will move the center of gravity of decisions, making it adapt to changes occurring in the environment in a very flexible way. Identifying information, is the first step in the decision making process for any Enterprise. The aim of this paper is to present the final multi-dimensional model for selecting data about processes and organizational - financial structure of companies in the cement industry. In the paper following the research question has been made: Can multi-dimensional models of data selection be a useful tool for decision-making? The testing methods applied are literature studies and descriptive analysis.
ISSN:2062-2872