Volume 2, ISSUE2/2011 - Review of Applied Socio-Economic ...

Pag׀ 43 ISSN: 2247-6172ISSN-L: 2247-6172Review of Applied Socio- Economic Research(Issue 2/ 2011)URL: http://www.reaser.eue-mail: editors@reaser.euUtilizing the modern methods in economic decision-making preserves their economic character, as thepath it provides is mathematical, while the logic is and remains economic.Given the ponderosity of the mathematical models in decision making, we consider it viable to make somesuggestions:o Managers should orient their activity towards modernizing their business activity, which is achievedthrough making use of the modern methods in decision making.o Should be obvious that managers are required to define the model. Nowadays a variety of software canenable the solution resulting from the selected model of the manager.References[1] Data from the Institute of Statistics[2] Data from the General Directorate of Taxation.[3] Data from the Line Ministries.[4] Data provided by the three denoted- state groups questionnaires.[5] Gilboa, I(2011): Making Better Decisions: Wiley-Backwell, A John Wiley & Sons, Ltd Publications[6] Osmani, M(2004): Statistics, GEER Publishing House, Tirana-Albania.