Discuss the different roles played by the qualitative and quantitative approaches to managerial decision making. Why is it important for a manager or decision
Discuss the different roles played by the qualitative and quantitative approaches to managerial decision making. Why is it important for a manager or decision maker to have a good understanding of both of these approaches to decision making? The analysis phase of decision making includes Qualitative analysis is based Quantitative analysis is based only qualitative analysis only quantitative analysis i both qualitative and quantitative analysis neither qualitative or quantitative analysis at this point fectiveness is usually increased by bach are usually increased by Discuss the different roles played by the qualitative and quantitative approaches to managerial decision making. Why is it important for a manager or decision maker to have a good understanding of both of these approaches to decision making? The analysis phase of decision making includes Qualitative analysis is based primarily on Quantitative analysis is and decision-making effectiveness is usually increased by approach are usually increased by judgment, experience, and data quantitative facts, data, and mathematical expressions experience, intuition, and formulas intuition, experience, and data Judgment, experience, and intuition Discuss the different roles played by the qualitative and quantitative approaches to managerial decision making. Why is it important for a manager or decision maker to have a good understanding of both of these approaches to decision making? The analysis phase of decision making includes Qualitative analysis is based primarily on Quantitative analysis is based primarily on and decision-making effectiveness is usually increased by and skills in this approach are usually increased by judgment, experience, and data quantitative facts, data, and mathematical expressions experience, intuition, and formulas intuition, experience, and data judgment, experience, and intuition
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