CRITERIA FOR SELECTION OF DECISIONS IN RISK AND UNCERTAINTY CONDITIONS

Authors

  • Mareks Briška Rezekne Academy of Technologies (LV)

DOI:

https://doi.org/10.17770/iss2018.4247

Keywords:

decision making, management, risk, uncertainty,

Abstract

Nowadays the right decision choice and acceptance in risk and uncertainty conditions is very complex, because the decision can be accepted not – analyzed thus causing even catastrophic consequences. For the company to operate successfully requires tested, high-quality and rational methods in the core business of the organization and the company, anticipating and neutralizing the risk and its impact on the competitiveness and viability of the company.

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References

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Published

2019-03-19

Issue

Section

Economics and Management