Management Decisions and the Role of Forecasting

1973 ◽  
Vol 24 (3) ◽  
pp. 477
Author(s):  
Mark Cantley ◽  
James Morrell
Keyword(s):  
2021 ◽  
Vol 71 (1) ◽  
pp. 18-33
Author(s):  
I.F. Kuzminov ◽  
P.A. Lobanova

The authors show the need and some existing opportunities for analysis of non-traditional data sources to obtain a complete and more relevant picture of industries spatial development. The research methodology includes the use of text mining for economic and geographical studies. The relevance of the research is determined by insufficient completeness of official statistical data, cheapening of relevant information processing technologies and abundance of large text data sources in open access. The article discusses the role of the pulp and paper industry (as a key part of the timber industry) in economic and spatial development of modern Russia. The authors identify main trends in the economic and spatial development of the pulp and paper industry of European Russia, draw the conclusions on the expected industry trends and give recommendations for strategic management decisions to respond to industry challenges. The authors claim that the industry needs liberalization and stabilization, primarily through moratoriums on policy changes. The role of the use of big data, and in particular of text mining in economic and geographical research for reasonable and objective conclusions formation that can be used to make timely and balanced management decisions in the timber industry and the pulp and paper industry, is emphasized.


2019 ◽  
Vol 91 ◽  
pp. 08002 ◽  
Author(s):  
Elena V. Karanina ◽  
Olesya A. Ryazanova ◽  
Alexander N. Timin ◽  
Larisa P. Domracheva

The article shows the place and role of economic entities in the system of economic security of territories. Various approaches to the definition of the term “economic security of small businesses” are considered. The main factors and threats to the economic security of economic entities of the territories are presented. Presents the author’s system of basic indicators of estimation of economic safety of economic entities of the territory. Offers on carrying out diagnostics and monitoring of risks are given. Recommendations as a rating of economic security of economic entities of territories are given. The procedure for monitoring the economic security of economic entities of the territories based on a risk-based approach can be represented in the form of five interrelated stages. This is the stage of collecting data on enterprises and the calculation of the necessary indicators. The stage of formation of the system of indicators, they are risk factors. Stage of processing indicators. The stage of building an integrated model of potential and risk assessment. In addition, the final stage of assessment of the complex level of economic security of economic entities of the territories. This will allow making management decisions in the field of development and support of small businesses at the territorial level.


1969 ◽  
Vol 33 (4) ◽  
pp. 10-15 ◽  
Author(s):  
John G. Keane

The author's comments on the role of marketing research in top management decisions are based on his association with six companies (and continuing contact with many more) spanning manufacturing, consulting, and advertising. Some of these observations on the diverse marketing research-top management interface in decision making were presented to the Chicago Chapter of the American Marketing Association. The Chapter conferred a Merit Award on the earlier presentation during its 1968 competition for papers advancing the science of marketing.


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