Event Title

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

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Oct 27th, 10:45 AM Oct 27th, 12:15 PM

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.