The Leading Practice Of Decision Making In Modern Business Systems

Concentrating on the Russian model, this book reflects the leading practical experience of decision making in modern business systems and presents innovative technologies and perspectives to optimize this process.

Concentrating on the Russian model, this book reflects the leading practical experience of decision making in modern business systems and presents innovative technologies and perspectives to optimize this process.

Specifics of Decision Making in Modern Business Systems focuses on the regularities and tendencies that are peculiar for the modern Russian practice of decision making in business systems, as well as the authors’ solutions for its optimization in view of new challenges and possibilities.

Specifics of Decision Making in Modern Business Systems focuses on the regularities and tendencies that are peculiar for the modern Russian practice of decision making in business systems, as well as the authors’ solutions for its optimization in view of new challenges and possibilities.

This book substantiates the transformation processes in the system of modern entrepreneurship in the conditions of formation of Industry 4.0. The authors develop a scientific concept of business 4.0, determine the specific features of business 4.0 and current problems and perspectives of its development in developed and developing markets, study the infrastructural provision of business 4.0 in view of its sectorial specifics, outline the perspectives and recommendations in the sphere of development of business 4.0, and offer the scientific and practical recommendations for state and corporate management.

This breakthrough study examines how business decisions explain successful and unsuccessful performance. Real world and academic research is evaluated, including interviews and cases studies, to create a model of how decisions and performance are connected for businesses of all sizes. Recommendations are made to optimize decision making and projections about the future of decision making and performance are provided.

Industry 4.0 is not only just a new sector of economy—it is a new technological model of economic development, which will determine the technical possibilities, organizational philosophies, and approaches to managing socio-economic systems in the near future. Signs of the Fourth Industrial Revolution can already be seen in the most progressive developed and developing countries. However, despite the high interest of entrepreneurs in the possibilities that are provided by Industry 4.0, large-scale investment projects and the adoption of state and national strategies and programs to facilitate the financing and transition to Industry 4.0, the Fourth Industrial Revolution is developing very slowly. The reason for this is the non-systemic character of the implemented initiatives.

In global commerce, marked by the relentless advance of digital technology, businesses find themselves constantly challenged to devise innovative and disruptive marketing strategies. Adapting to these changes is no longer a choice but a necessity. To thrive, companies must remain vigilant, updating their resources and adopting emerging trends with unwavering agility. Contemporary Trends in Innovative Marketing Strategies explores the demands and dynamics of modern marketing. This book is tailored to meet the needs of students, educators, and managers seeking a profound understanding of today's marketing trends. Firstly, the book delves deep into the current trends steering marketing innovation. It dissects the latest developments that are reshaping the marketing landscape, identifies pivotal trends, and elucidates their ramifications for businesses. Secondly, the book embarks on a journey to explore innovative marketing strategies engineered to confront contemporary business challenges and seize emerging opportunities. It unlocks novel approaches that adeptly cater to the market, providing insights into strategic frameworks, methodologies, and practices. Lastly, the book illustrates these concepts with real-world case studies, offering proof of innovative marketing's successful applications across diverse business sectors. These cases serve to inspire and demonstrate how innovative marketing strategies can be put into action, resulting in tangible outcomes. This book is designed for a diverse audience, including academics and students keen on exploring the latest trends in innovative marketing, educators searching for compelling case studies to enhance their teaching materials, and practitioners eager to bridge the gap between research and practical application in innovative marketing.