Managerial Decisions and Social Responsibility of Companies in International Business

Nedeljković, Dragan (2017) Managerial Decisions and Social Responsibility of Companies in International Business. Serbian Journal of Engineering Management, 2 (2). pp. 20-26. ISSN 2466-4693

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Abstract

The decision-making process in the international business operations implies the use of far more complex procedures which involve the influences of numerous factors such as: host country politics, market growth evaluation, capital structure and sources, culture, laws, etc. Management of multinational companies is faced with making complex decisions about various international activities of their companies. Different influences of internal and external environment point at the scenario of future changes in the international business which sets new challenges before company management in the decision-making process. An increasingly conspicuous homogenization of management in the world has an impact on establishing new criteria, approaches and methods in the decision-making process.

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