0
Still curious? Ask our experts.
Chat with our AI personalities
Coach
Maxine
TaigaAdd your answer:
Earn +20 pts
IS-241.b answer key?
Under stress, decision makers are more likely to
How would you describe data analysis?
Data analysis is a process of gathering, modeling, and transforming data with the goal of highlighting useful information, suggesting conclusions, and supporting decision making. Data analysis has multiple facets and approaches, encompassing diverse techniques under a variety of names, in different business, science, and social science domains.
What quantitative techniques are applied for business analysis?
A. Quantitative Techniques with reference to time series analysis in business expansion. B. Quantitative techniques are mathematical and reproducible. Regression analysis is an example of one such technique. Statistical analysis is also an example of a quantitative technique. C. Quantitative techniques are applied for business analysis to optimize decision making IE profit maximization and cost minimization). It covers linear programming models and other special algorithms, inventory and production models; decision making process under certainty, uncertainty and risk; decision tree construction and analysis; network models; PERT and CPA business forecasting models; and computer application.
Applications of quantitative technique in business?
A. Quantitative Techniques with reference to time series analysis in business expansion. B. Quantitative techniques are mathematical and reproducible. Regression analysis is an example of one such technique. Statistical analysis is also an example of a quantitative technique. C. Quantitative techniques are applied for business analysis to optimize decision making IE profit maximization and cost minimization). It covers linear programming models and other special algorithms, inventory and production models; decision making process under certainty, uncertainty and risk; decision tree construction and analysis; network models; PERT and CPA business forecasting models; and computer application.
What is rational decision-making model Under what conditions is it applicable?
The Rational Decision-Making Model is a process for making logically sound decisions. The model comes from Organization behavior.MethodThe Rational Decision Making Model is a model which emerges from Organizational Behavior. The process is one that is logical and follows the orderly path from problem identification through solution. The Rational Decision Making Model is a seven step model for making rational and logical reasons.This method would evidently not be used for every decision within the everyday operations of an organization. However, the method would be applicable to major efforts within the problem solving and solution finding area such as team efforts and project management (as an example).For the source and more detailed information concerning this subject, click on the related links section (Answers.com) indicated below.
