Journal

Volume 77, #2

       “Economic Sciences: theory and practice” is scientific, refereed, biannual journal. The Journal of “Economic Sciences: theory and practice” has been founded by Azerbaijan State University of Economics in 1994.              
The Journal has been received to registration in the centre of international ISSN (International Standard Series Number, ISSN-2220-8739). Also, it has been included by the Supreme attestation Commission under the President of Azerbaijan Republic to the list of scientific publications on economic sciences.


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THEORETICAL FOUNDATIONS FOR THE FORMATION OF ADMINISTRATIVE DECISIONS

Maddallah Bbasheer Abboud Al


ABSTRACT:
Any administrative activity is closely related to developing and adopting appropriate decisions for different management situations. It is often that the only criterion for the viability of a management decision today is often the financial component, that is, increasing revenues or reducing expenditures from budgets of any level. The problem of risk management and overcoming uncertainty is related to the continuation of any sector of the economy. Every economic entity at all levels is affected by exceptional situations and unforeseen circumstances, to which it is necessary to act to respond appropriately. Therefore, it has become necessary to implement some scientific methods of the economic management theory of the enterprise, including the development of the most economically appropriate and highly effective management decision-making.

Keywords: administrative process, organization, models, properties, methods, indicators.

JEL classification: M51, D73
 



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