Decision-Making System in Small Businesses
The article is devoted to the analysis of theoretical and practical aspects of managerial decision-making by small businesses under conditions of dynamic changes. The aim of the study is to consider the features and prospects of development of the decision-making system in small business enterprises. The research objectives are formalization of the decision-making process; identification of existing problems in the process of making managerial decisions and possible options to overcome them. The hypothesis of the study is as follows: the system of decision-making in small businesses should take into account the specifics of their activities and rely on modern technology. The research methods are analysis, synthesis, comparison, grouping, modeling, and forecasting. The results of the study are as follows: the feasibility of using combined approaches, supplemented with automation tools, for decision-making by small businesses.