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It is important to identify the right model that works for you and your organization, as the right decisions lead to success and the wrong
It is important to identify the right model that works for you and your organization, as the right decisions lead to success and the wrong decisions can lead to failure. Part of the decision making process that mangers go through includes decision models. Decision models are used to assist in collecting and analyzing the data involved in decision making. There are a variety of decision models that have various tools and techniques. Decision Trees are a graphical representation of a decision-making situation (Render, Stair, Hanna
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