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how does break-even analysis act as a decision-making tool for business? elaborate
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Solved in 2 steps
- Discuss, What are the ethical considerations and implications of using big data and analytics in business decision-making processes?Identify the various business scenarios in which can be business analytics applie? What type of decision making will be done in each scenario?Is it not enough for a company to analyze its own strengths and weaknesses? Justify your answer.
- Compare and contrast the option to make or buy. What factors would one need to consider while making such a decision?How is the “thinking fast versus thinking slow” analogy likely to influence business decision-makers?What research would you want to conduct prior to making a decision to invest in new presses?