Fundamental issues of rationalization in corporate decision-making

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Abstract

The paper deals with the problems of the improvement of the decision-making process that is composed of two sub-systems: preparations for making a decision and taking it. Based on the multiaspect characteristics of the essence and conditions of the decision-making process a referential model of decision-making has been proposed. The model assumes the existence of two principles that apparently may seem contradictory – the principle of rationality and the principle of creative uniqueness. Decision-making that follows this model increases the opportunities for making adequate decisions and implementing innovative enterprises which contribute to the company’s development.

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decision, decision-making process, rationalization in corporate decision-making

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Journal of Positive Management, No. 1, Vol. 1, pp. 11-30

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