Role and Impact of Decision-Making on The Performance of SMEs In Kosovo
Session
Management, Business and Economics
Description
Decision-making is a mental process of choosing from set of alternatives, a process by which managers react to opportunities and threats by analyzing opportunities and making decisions about goals and forms of action. Since the establishments of the enterprise and throughout its activity SME management staff are faced with the need to make decisions that can affect the success or even failure of the business. The purpose of the paper is to show the role and importance of effective decision-making in achieving the highest performance of SMEs in Kosovo. The research has been conducted in seven cities in Kosovo, which results that decision making from management in group form is one of the key factors in making effective decisions. In this paper has been used quantitative analysis (through questionnaires was done data collection), also was used descriptive method through scientific literature, papers works by national and international scientific conferences and journals.
Keywords:
Decision making, performance, SMEs, management, effective
Session Chair
Ylber Limani
Session Co-Chair
Arta Mulliqi
Proceedings Editor
Edmond Hajrizi
ISBN
978-9951-437-69-1
Location
Pristina, Kosovo
Start Date
27-10-2018 10:45 AM
End Date
27-10-2018 12:15 PM
DOI
10.33107/ubt-ic.2018.309
Recommended Citation
Domniku, Mirjeta and Mustafa, Lebeat, "Role and Impact of Decision-Making on The Performance of SMEs In Kosovo" (2018). UBT International Conference. 309.
https://knowledgecenter.ubt-uni.net/conference/2018/all-events/309
Role and Impact of Decision-Making on The Performance of SMEs In Kosovo
Pristina, Kosovo
Decision-making is a mental process of choosing from set of alternatives, a process by which managers react to opportunities and threats by analyzing opportunities and making decisions about goals and forms of action. Since the establishments of the enterprise and throughout its activity SME management staff are faced with the need to make decisions that can affect the success or even failure of the business. The purpose of the paper is to show the role and importance of effective decision-making in achieving the highest performance of SMEs in Kosovo. The research has been conducted in seven cities in Kosovo, which results that decision making from management in group form is one of the key factors in making effective decisions. In this paper has been used quantitative analysis (through questionnaires was done data collection), also was used descriptive method through scientific literature, papers works by national and international scientific conferences and journals.