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1. There are both quantitative and qualitative factors for decision making by management. How does the consideration of qualitative factors improve decisions made by managers? 2. What is an opportunity cost and why should it be included when making decisions? 3. What are some of the key factors that influence group interaction in a decision- making environment in business? (

1. There are both quantitative and qualitative factors for decision making by management. How does the consideration of qualitative factors improve decisions made by managers? 2. What is an opportunity cost and why should it be included when making decisions? 3. What are some of the key factors that influence group interaction in a decision- making environment in business? (

Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 1MC: Components of the organization that are demotivating for purposes of performance management are...
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1. There are both quantitative and qualitative factors for decision making by management. How does the consideration of qualitative factors improve decisions made by managers? 2. What is an opportunity cost and why should it be included when making decisions? 3. What are some of the key factors that influence group interaction in a decision- making environment in business? (
Transcribed Image Text:1. There are both quantitative and qualitative factors for decision making by management. How does the consideration of qualitative factors improve decisions made by managers? 2. What is an opportunity cost and why should it be included when making decisions? 3. What are some of the key factors that influence group interaction in a decision- making environment in business? (
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