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Formal Description of Decision Processes

Author:Cserny Laszlo, College of Dunau'jva'ros, Hungary
Topic:9.1 Economic & Business Systems
Session:Economic and Business Systems
Keywords: decision-making process, decision support systems, decision theory, modelling

Abstract

The paper presents the mathematical description of the decision process, of one of the most important processes of organizational control. Becoming better acquainted with decision process, together with the organizational decision-making system, may contribute to the development of usable DSSs considerably.