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Methodological approaches to development and taking managerial decision in the context of institution development
The paper considers issues of managerial decisions efficiency. Availability of well-founded methodology for problems resolution is the major precondition of this efficiency. This methodology should include approaches, principles, and well-defined criteria for es-timation of decisions efficiency. Estimation theory is applied to demonstrate that activity management can have diverse quality.
Keywords: managerial decision, managerial approaches, management techniques, efficiency, management, management performance, criteria