MODELING DECISION-MAKING UNDER RISK AND UNCERTAINTY TITLE
MODELING DECISION-MAKING UNDER RISK AND UNCERTAINTY TITLE

Summary/Abstract: The economic organization regarded as a system has to adapt permanently to the influence of exogenous or endogenous disruptive factors which hinder or even prevent achievement of the objectives. Adaptation, self-regulation of the firm’s employees is accomplished through the management activity of which endpoint is the decision. If at first the Manager has stood in front without constraint, decision is conditioned by existing information and restrictions imposed. Quality management activities within the system of resources which define the enterprise related resources and inter-conditioned through social and economic relations depend to a great extent on information as resource.

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