Utilization of Quantitative Methods in the Decision Making Process of a Manager
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216275%3A25410%2F10%3A39882315" target="_blank" >RIV/00216275:25410/10:39882315 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Utilization of Quantitative Methods in the Decision Making Process of a Manager
Original language description
In the course of exact decision making qualitative methods based on mathematical models are used. Models are abstraction of economic reality and are based on the effect of various factors and the fulfilment of certain assumptions concerning an examined economic phenomenon. For many economic phenomena and their quantification there is a range of models that produce varying results depending on their formulation. In relation to investment decision making various models for calculation of the intrinsic value per share and their differing results are demonstrated. In order to use individual models, market value forming factors, which are the basis of these models, are defined as well as assumptions for their validity. This makes it possible for managers and investors to choose a suitable model in accordance with their preferences. Utilization of qualitative methods is a basis for exact decision making of managers.
Czech name
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Czech description
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Classification
Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
AE - Management, administration and clerical work
OECD FORD branch
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Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2010
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Scientific Papers of the University of Pardubice, Series D, Faculty of Economics and Administration
ISSN
1211-555X
e-ISSN
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Volume of the periodical
15
Issue of the periodical within the volume
17
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
7
Pages from-to
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UT code for WoS article
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EID of the result in the Scopus database
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