0
considerations in decision making, in addition to the quantitative or financial factors highlighted by incremental analysis . They are the factors relevant to a decision that are difficult to measure in terms of money. Qualitative factors may include: (1) effect on employee morale, schedules and other internal elements; (2) relationships with and commitments to suppliers; (3) effect on present and future customers; and (4) long-term future effect on profitability. In some decision-making situations, qualitative aspects are more important than immediate financial benefit from a decision.
Wiki User
∙ 13y ago
Anonymous
mxm
Add your answer:
Earn +20 pts
Examples of qualitative factors in decision making?
tes
Is Qualitative factors more important in business decision making as compared to quantitative factors?
== ==
Determine factors affecting decision implementation in an organization?
what are the factors that affecting decision making what are the factors that affecting decision making what are the factors that affecting decision making what are the factors that affecting decision making what are the factors that affecting decision making
What are the advantages and disadvantages of a qualitative as opposed to quantitative approach to location decision making?
Qualitative approach allows for a better understanding of the context and factors influencing location decisions, offering insights that quantitative data may miss. However, it can be subjective and more difficult to measure and compare different factors objectively. Quantitative approach provides measurable and comparable data for decision making, but it may oversimplify complex location considerations and ignore important qualitative factors.
What are two Of The Specific Necessary Decision Making Skills Include?
Qualitative and Quantitative
What are two of the necessary decision making skills?
Qualitative and Quantitative
What are two of the specific necessary decision making skills?
Qualitative and Quantitative
What are the two specific necessary decision making skills?
Qualitative and Quantitative
What two of the specific necessary decision making skill include?
Qualitative and Quantitative
Two of the specific necessary decision making skill include?
Qualitative and Quantitative
Communication skills leadership negotiation skills networking with colleagues and developing program plans are attributes of which decision making skill?
Qualitative
What are the qualitative factors to be considered in a make or buy or outsourcing decision?
Cost of labor, time, storage
