Multivariate Business-Decisions: Necessity of Acceptance and Possibilities of Predictive Justification
Abstract
The paper studies the problem of making multivariate decisions in the field of business activities and the development of the necessary tools for their feasibility. The study here shows that the future indefiniteness of making multivariate decisions can be divided into three constituents: systematic risk, diversified risk and shock. The structure of enterprise decisions introduced in the article has to take into consideration these constituents. A conclusion drawn out asserts the necessity of predicting the feasibility in making multivariate business-decisions. For the realization of the decisions it is suggested to use the model of prognosis with the preliminary analysis of stability of the designed processes. The applied possibilities of the model are shown on the real data.
Keywords
Business-decision, Risk, Uncertainty, Multi-variant approach, Prognosis
DOI
10.12783/dtssehs/seme2016/5438
10.12783/dtssehs/seme2016/5438