Models of decision-making in enterprises

Authors

  • Aziz Rexhepi
  • Hasanaj Petrit
  • Besarta Rexhepi
  • Arbresh Meha

Keywords:

Decision making; descriptive models; conflicts; cultures; strategies

Abstract

We make many decisions in a day (when we go to a restaurant, clothing store, when preparing for work, how much we need to save for a future vacation trip, etc.). It may be that our decisions are unconscious, but often we have to make conscious choices about the alternatives. Imagine a student who has finished high school. He has to decide whether to study psychology, accounting or art.

How do cultural values ​​influence individual decisions? One can expect an answer to this question either from descriptive (cognitive) psychology or from cross-cultural psychology.

The purpose of this study is to highlight the importance of culture in decision making, in order to reflect on the main work related to employee behaviors on motivation and the latter's influence on decision making.

Descriptive theories in decision making, however, rarely consider culture factors in decision making. Therefore the study of culture and decision-making is a relatively new and unexplored field. This study discusses three examples of individual and collectivist decision-making using different methodologies to describe them.

Decision-making is the choice between several options.

References

Kume, Vasilika, “Marrja e Vendimeve Manaxheriale”, Shtepia Botuese Pegi, 2010.
Adams J S & Freedman S. Equity revisited: comments and annotated bibliography. (Berkowitz L & Walster L, eds.) Advances in experiment tal social psychology. New York: Academic Press, 1976. Vol. 9. p. 43-90.
https://doi.org/10.1111/j.1749-6632.1989.tb20983.x
Alcian, A.A. & Demsetz, H. (1972), Production Information Cost and Economic Organization, American Economic Review, 62, 777-795
https://www.researchgate.net/figure/Scott-Bruce-1987-Enterprise-Stage-Model_tbl2_43550794
Alderfer, C. P. [ 969] An Empirical Test of a New Theory of Human Needs, Organizational Behavior and Human erformance, vol. 4, pp.142-175
According to the European Commission (2003
Kume Vasilika, Menaxhimi strategjik , Tirane 2010
Krueger R.F, Markon K.E, Patrick C.J, Benning S.D, Kramer M. Linking antisocial behavior, substance use, and personality: an integrative quantitative model of the adult externalizing spectrum. J. Abnorm. Psychol. 2007;116:645–666.
Krueger Robert, Hicks Brian, Patrick Christopher, Carlson Scott, Iacono William, McGue Matt, Etiologic Connections Among Substance Dependence, Antisocial Behavior, and Personality: Modeling the Externalizing Spectrum, Journal of Abnormal Pscychology, 2002, Vol. III, No. 3, 411-424.
Kirzner, I.M. (1983), Perception, opportunity, and profit: Studies in the theory of entrepreneurship. Chicago: University of Chicago Press.
Kosova Agency of Statistics: Statistical Repertoire of Enterprises in Kosova (Q4 - 2013), Series 3: Economic Statistics, Republic of Kosov

Downloads

Published

2020-07-01

Issue

Section

Business Administration and Business Economics