Give three measures that are generally relevant in decision making. Give two different measures that are generally not relevant for decision making
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Give three measures that are generally relevant in decision making.
Give two different measures that are generally not relevant for decision making
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Solved in 3 steps
- Explain what is meant by the decision pattern ?Give an example of each of the following: a quantitative basis for making a decision and a qualitative basis for making a decision. ExplainThe inputs to a model may have different roles. Among the choices, which should be excluded? Choices: A.decision variables B.intermediate calculation C.No choice given D.conversion factors E.historical data
- Explain the qualitative factors in decision making.In your opinion what are the three most important areas to use when benchmarking?Discuss the impact of different measurement choices on relevance, faithful representation, understandability and comparability. Your answer must include a comparison of three measurement bases.
