CURRENT ISSUES IN MANAGEMENT

The aim of this study was to determine the impact of change dimensions in the legal environment on the quality of each stage of the decision-making process of senior managers in public institutions.

2015

The business judgment rule represents a central doctrine of corporate governance, due to its major implications on corporate directors' liability and to its infl uence on the relationship between shareholders and the board of directors. The interpretation of the Rule as a behavioral standard or as an „abstention doctrine” can determinatively influence the liability proceedings against directors who acted in consideration of their fiduciary duties. This paper aims at analyzing the national legal provisions of the Business Judgement Rule and the compatibility of the legal provisions with the established interpretations of the Rule that can be found in the foreign literature. Absent a case law that clarifies de approaches of the Business Judgement Rule by the national courts, the research analyzes the traditional Common Law approaches of the Rule and the obstacles which hinder a faithful transfer of the Rule in Romania. The objective of these identifications is to draw de lege fere...

Zenodo (CERN European Organization for Nuclear Research), 2022

In the paper, the author tries to present some elements of the decision as a dynamic and very important process of private company management, as well as the concept of decision system and elements of the decision process. The complex issue raised by the adoption of a scientifically sound decision requires knowledge of the elements that must be emphasized in its elaboration. The synthesis of the theoretical aspects allows us to mention the importance of qualitative evaluation of decisions, prior to their application, because in this way the waste of resources can be largely avoided human energy, time, etc., imposed by the adoption of corrective ones. The fundamental aspect of matter, structured, ascertaining the decision-making process, which contributes to the emergence and development of the process itself to obtain its final product, is called "decision". The final product, decision, comes to be the key element, decisive of the decision-making process, which can have a different meaning according the character, role and influence in the evolution of the public factor.

2013

In our day-to-day activities, decision making is unavoidable; this is because it is a vital instrument that may move one forward or backwards. As it implies, the battle of choosing between two or more alternatives, then at end of this executive choice, there unfolds another crucial problem known as implementation. That is to say, is not enough to select among alternatives, but to implement it is the seeming ultimate point. Therefore, this write up, is an attempt to bring into focus, the fundamentals and realities, of decision making process. The paper tries first and foremost to examine the nature of organizations and administration as they are critical instruments that are determinants and context within which a manager takes a decision. Thereafter, the paper presents the management and decision making process.

2018

A brief comparison of the legal system in the Republic of Ireland and the Slovak republic

2018

2017

Decision making is one of the important activities in every industry and it becomes more important in safety critical industry like mining, chemical, aviation etc. The success of an industry is critically linked with its effective decisions and decision-making process. In this paper, authors explain how a decision can be a disaster. One case study disaster due to the wrong decision in Indian scenario is analyzed and discussed. The gaps and weakness in the decision-making process are identified and lessons learned. Towards the end, a hybrid concept of decision making has been suggested in the hope of preventing similar future disasters.

Management & Organizational History, 2019