Decision theory approach

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The decision-theoretic approach according to Edmund Heinen is a concept of business administration from 1968. The aim of this approach is to investigate and develop goals, systems, explanations and design tips for real phenomena in business administration.

origin

It is based on the findings of Heinrich Nicklisch (1876–1946) and the factor-theoretical approach of Erich Gutenberg (1897–1984), but focuses on company decision-making processes and is part of the mathematical school .

Partial steps

The sub-steps of decision-making are divided into target research , systematisation , explanation and design :

The target research sub-step examines how the individual targets of a complex target system relate to one another. The systematisation tries to grasp the objects under investigation and to organize them in a meaningful way. Function theory was used, especially in the early days of this approach. The goal of the explanation step is to develop explanatory models that are used to describe the interrelationships between the two (e.g. price-sales function). In the last step, the design, the explanatory models are used or, if necessary, new ones are developed in order to finally determine the optimal options for action.

See also

literature

Welge, MK; Al-Laham, A .: Strategic Management: Basics - Process - Implementation. 4th edition, Wiesbaden: Gabler, 2003.

swell

  1. a b Heinen, E .: To the science program of decision-oriented business administration. In: ZfB, 39 (1969) 4, pp. 207-220.
  2. ^ Heinen, E .: Industrial Operations: Decisions in industrial operations. 9th edition Wiesbaden: Gabler, 1991.
  3. Heinen, E. (Ed.): Basics of business decisions: The target system of the company. 3rd edition Wiesbaden: 1976.