Multivariate Business-Decisions: Necessity of Acceptance and Possibilities of Predictive Justification

Manya ZIROYAN, Viktoria TINYAKOVA

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