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THE FACTORS INFLUENCING DECISION-MAKING ACTIVITY: THE CASE OF EMPLOYEES OF PUBLIC SERVANTS IN MONGOLIA

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Author: 
*ARIUNZAYA Baatarchuluun, IVEEL Battulga, MUNKH-UNDRAKH Baatarjav, MUNKHSARUUL Baatarjav, DULGUUNMANDAKH Enkhbold
Country: 
Mongolia
Volume & Issue: 
Volume 06, Issue 10, October 2024
Page No: 
7115-7121
Abstract: 

The purpose of our study is to assess how five important factors—professional knowledge, communication and attitude, skills, work experience, and responsibility—affect managerial decision-making in order to determine how these elements support efficient decision-making procedures. While skills have the highest degree of variability, meaning their influence can vary depending on the scenario or context, communication and attitude have the most consistent and steady impact, making them trustworthy predictors of decision-making outcomes, according to the study. Professional knowledge and skills were the most important factors, and they had statistically significant positive effects on managerial decision-making. This suggests that businesses should give priority to developing these areas in order to increase the effectiveness of their decision-making.

KeyWords: 
Communication and Attitude, Professional Knowledge, Responsibility, Skills, Work Experience, Managerial Decision-Making.