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SME MANAGEMENT DECISION-MAKING PROBLEMS IN CHANGING MARKET CONDITIONS, LATVIAN EXPERIENCE

Economics and Management

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Title SME MANAGEMENT DECISION-MAKING PROBLEMS IN CHANGING MARKET CONDITIONS, LATVIAN EXPERIENCE
 
Creator Budņiks, Leonards; Riga Technical University
Didenko, Konstantins; Riga Technical University
 
Subject management decisions; IT; Internet; enterprise networks
 
Description Management decision-making in small and medium-sized enterprises involves a high degree of risk and uncertainty. A number of researchers worldwide have discussed this problem in theirs papers. More information leads to the complication of the decision-making process, requesting an analysis and understanding of many factors. Information technologies, Internet technologies particularly, can help small and medium-sized enterprises to better collect and analyse information which is necessary for conducting business.The paper results contribute to a better understanding of Latvian SMEs managers’ behaviour, data collection methods and decision-making techniques. In combination with the world practice it is possible to predict development trends as well as to offer science-based support techniques. The following topics are put forward for the future research: selection of necessary management IT tools, consisting of the following parameters: mobility, flexibility and functionality; development challenges of the website proposed using mathematical and computer modelling.DOI: http://dx.doi.org/10.5755/j01.em.17.3.2139
 
Publisher Kaunas University of Technology
 
Contributor —
 
Date 2012-08-08
 
Type —
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Format application/pdf
 
Identifier http://www.eejournal.ktu.lt/index.php/Ekv/article/view/2139
10.5755/j01.em.17.3.2139
 
Source ECONOMICS AND MANAGEMENT; Vol 17, No 3 (2012); 1171-1177
EKONOMIKA IR VADYBA; Vol 17, No 3 (2012); 1171-1177
 
Language en
 
Rights Autorių teisės yra apibrėžtos Lietuvos Respublikos autorių teisių ir gretutinių teisių įstatymo 4-37 straipsniuose.
Copyright terms are indicated in the Republic of Lithuania Law on Copyright and Related Rights, Articles 4-37.