THE IMPORTANCE OF MAKING IMPORTANT BUSINESS DECISIONS IN INDUSTRY FROM THE ASPECT OF GROWTH AND DEVELOPMENT OF INDUSTRIAL ENTERPRISES IN TRANSITION COUNTRIES

Abstract

t The quality of decision-making in the management of an industrial enterprise depends on the interplay of multiple internal and external factors, which is of great importance to learn in transition countries, as their economies are highly influenced and more dependent on developed economies. Therefore, the importance of studying decision-making in business decision-making is becoming increasingly prominent. This is important for the operation and functioning of an industrial enterprise. Applying valid business decisions can help to make valid and correct top management business decisions. On this basis, it is clear to see the true importance of the connection between making valid decisions of top management of an industrial enterprise and the achieved results of business activities of the enterprise during a certain period of time.

Keywords

• business
• decision
• industry
• enterprise
• management.