Title :
Model for Decision-Making in Business Strategy
Author :
Ion, Popa ; Cosmin, Dobrin ; Sebastian, S. Ceptureanu ; Elena, S. Ciolac Camelia ; Eduard, S. Ceptureanu
Author_Institution :
Manage. Fac., Acad. of Economic Studies, Bucharest, Romania
Abstract :
Decisions, and especially the strategic decisions, represent the main "products" of managerial process, representing the main responsibility of managers. The present model represents our view of decisional process designed to be a tool for managers in strategic decision making process. Developed at an enterprise level, the model takes into account the major factors that affect a strategy\´s success on a market: 1) The market share of the company on that specific market 2) The competitors\´ force on the market 3) The market\´s dynamics 4) The market\´s attraction.
Keywords :
commerce; decision making; strategic planning; business strategy; competitor force; enterprise; managerial process; market attraction; market dynamics; market share; strategic decision making process; Companies; Computer science; Decision making; Frequency measurement; Information technology; Process design; Process planning; Springs; Strategic planning; business; component decision making process; model; strategic planning;
Conference_Titel :
Computer Science and Information Technology - Spring Conference, 2009. IACSITSC '09. International Association of
Conference_Location :
Singapore
Print_ISBN :
978-0-7695-3653-8
DOI :
10.1109/IACSIT-SC.2009.136