WSEAS Transactions on Business and Economics
Print ISSN: 1109-9526, E-ISSN: 2224-2899
Volume 15, 2018
Development of the Decision Support System in the Management of the Agrarian Sector in Russia
Authors: , , , ,
Abstract: Agriculture during the whole period of human civilization development is one of the most important branches of economy not only in Russia, but also in any other country, since this sector produces products vital for human activity. At the present time, the established fact is that agriculture is characterized by periodic fluctuations, which stretch for decades, existing as an independent phenomenon. This article presents an algorithm that allows managers to support the decision-making process in the management of the agricultural sector. This algorithm consists of four main stages, the result of its usage is the construction of three scenarios for the development of the agricultural sector: probable, optimistic and pessimistic. The construction of the development scenarios allows to neutralize the negative consequences and to enhance the opportunities.
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Keywords: the agrarian sector, the rural areas, the entrepreneurship in rural areas, the simulation of development of the agricultural sector, support of the managerial decision-making in the agricultural sector, the method of Organization of economic cooperation and development, the filter of Hodrick-Prescott, the classification of indicators
Pages: 430-436
WSEAS Transactions on Business and Economics, ISSN / E-ISSN: 1109-9526 / 2224-2899, Volume 15, 2018, Art. #42