Bayesian approach to forecasting in small firms
The authors, represented the University of Huddersfield in United Kingdom and Omsk financial university in Russia, investigate the problems of forecasting in small firms. On the basis of studying activity of Russian and English forms there are educed the barriers on the way of effective realization...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | Russian |
| Published: |
Siberian State Automobile and Highway University
2017-08-01
|
| Series: | Вестник СибАДИ |
| Subjects: | |
| Online Access: | https://vestnik.sibadi.org/jour/article/view/169 |
| _version_ | 1826566664252030976 |
|---|---|
| author | Paul L. Reynolds Alexander Ivanovich Kovalyov |
| author_facet | Paul L. Reynolds Alexander Ivanovich Kovalyov |
| author_sort | Paul L. Reynolds |
| collection | DOAJ |
| description | The authors, represented the University of Huddersfield in United Kingdom and Omsk financial university in Russia, investigate the problems of forecasting in small firms. On the basis of studying activity of Russian and English forms there are educed the barriers on the way of effective realization of a such important function of management as forecasting. It is proved that for small frims the Bayesian approach is the most acceptable for forecasting, the distinctive peculiarity of which is using, on the way with objective, subjective information, which may be obtained and systematized on the basis of subjective judgements of entrepreneurs who have a small business. As a practice shows, exactly subjective judgements play the significant role in making managerial decisions in small business. |
| first_indexed | 2024-04-10T01:17:43Z |
| format | Article |
| id | doaj.art-c794a888936543d2ba0f292e23963b7d |
| institution | Directory Open Access Journal |
| issn | 2071-7296 2658-5626 |
| language | Russian |
| last_indexed | 2025-03-14T10:55:14Z |
| publishDate | 2017-08-01 |
| publisher | Siberian State Automobile and Highway University |
| record_format | Article |
| series | Вестник СибАДИ |
| spelling | doaj.art-c794a888936543d2ba0f292e23963b7d2025-03-02T10:48:24ZrusSiberian State Automobile and Highway UniversityВестник СибАДИ2071-72962658-56262017-08-0103(43)17317710.26518/2071-7296-2015-3(43)-173-177165Bayesian approach to forecasting in small firmsPaul L. Reynolds0Alexander Ivanovich Kovalyov1Business School of Hudclersfield UniversityFinancial University under the Government of the Russian FederationThe authors, represented the University of Huddersfield in United Kingdom and Omsk financial university in Russia, investigate the problems of forecasting in small firms. On the basis of studying activity of Russian and English forms there are educed the barriers on the way of effective realization of a such important function of management as forecasting. It is proved that for small frims the Bayesian approach is the most acceptable for forecasting, the distinctive peculiarity of which is using, on the way with objective, subjective information, which may be obtained and systematized on the basis of subjective judgements of entrepreneurs who have a small business. As a practice shows, exactly subjective judgements play the significant role in making managerial decisions in small business.https://vestnik.sibadi.org/jour/article/view/169прогнозированиемелкие фирмыбайесовский подходменеджеры |
| spellingShingle | Paul L. Reynolds Alexander Ivanovich Kovalyov Bayesian approach to forecasting in small firms Вестник СибАДИ прогнозирование мелкие фирмы байесовский подход менеджеры |
| title | Bayesian approach to forecasting in small firms |
| title_full | Bayesian approach to forecasting in small firms |
| title_fullStr | Bayesian approach to forecasting in small firms |
| title_full_unstemmed | Bayesian approach to forecasting in small firms |
| title_short | Bayesian approach to forecasting in small firms |
| title_sort | bayesian approach to forecasting in small firms |
| topic | прогнозирование мелкие фирмы байесовский подход менеджеры |
| url | https://vestnik.sibadi.org/jour/article/view/169 |
| work_keys_str_mv | AT paullreynolds bayesianapproachtoforecastinginsmallfirms AT alexanderivanovichkovalyov bayesianapproachtoforecastinginsmallfirms |