Open AccessDEVELOPMENT OF AN ALGORITHM FOR MAKING MANAGEMENT DECISIONS BASED ON SITUATIONAL ANALYSIS
Author(s) -
D.A. Popova
Publication year - 2018
Publication title -
juvenis scientia
Language(s) - English
Resource type - Journals
eISSN - 2414-3790
pISSN - 2414-3782
DOI - 10.32415/jscientia.2018.12.05
Subject(s) - situation analysis , process (computing) , situational ethics , computer science , risk analysis (engineering) , aviation , order (exchange) , process management , decision analysis , operations research , business , engineering , marketing , economics , finance , mathematical economics , political science , law , aerospace engineering , operating system
This paper proposes an algorithm for making management decisions using a situational analysis in the aviation industry. The effectiveness of management decisions directly depends on the industry in which the organization operates, and the information on the basis of which this decision is made. The basis for developing solutions is analysis. Depending on the direction of the decision, the analysis is divided into managerial, diagnostic, financial, operational, situational. Each industry has its own limiting aspects that affect the implementation process and the outcome of the decision. In the course of diagnostics, as a rule, the main legislative restrictions or the advantages that companies need to take into account in order to maximize profits are revealed. To effectively diagnose the state of an enterprise, it is advisable to single out a number of analysis methods. In the process of developing the algorithm, the main methods of analysis and specific features of the industry were considered.