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What would you do if you made an important business decision and a co-worker challenged it?
Wiki User
∙ 9y ago
You must remain professional and not fly off of the handle when situations such as this occur. If you need to walk away and take a few minutes to gather your thoughts, that is better than reacting in the heat of the moment. Be prepared to discuss and defend your decision to your co-worker.
Wiki User
∙ 9y ago
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Is Qualitative factors more important in business decision making as compared to quantitative factors?
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How does database help make efficient and effective decision in regards to operation of a business?
Decision-making for the business is really important, and a database of information to draw from when making decisions is so valuable.
Why do we need to study business ethics?
The need to study business ethics is very important. It teaches morals and the importance of right and wrong in dealing with business. The decision to behave ethical is very important.
Can business decisions be challenged in discrimination cases?
That is all that employment dicsrimination cases are about: allegations that the employer gave consideration to race, sex, religion, age, etc. in making an employment decision, and reached a decision differeent than if the prohibited factor had been ignored.
What is social cost benefit analysis why is it important?
Social cost benefit analysis means that a business assesses the social ramifications of a business decision before doing it. It is good for business, so that they can plan to mitigate the damage they may cause by a decision that is unavoidable.
How is relevant costing useful in determining the good business decision making?
Relevant costing is important to good business decision making because it allows a company to price their goods and services for maximum sales. Without the ability to make sales, no business will survive.
What are the three main decision areas in business finance?
The three main decision areas in business finance are:Investment decision,Financing decision and Dividend decision
Why is making decision important for an entrepreneur?
because it involves future business plus maybe other work forces.
Why is stock important in business?
by maintaining stock record in business Unit the following decision can be taken: - Production planning - Demand forecasting - in financial accounting - Marketing
Why is stock record important in business?
by maintaining stock record in business Unit the following decision can be taken: - Production planning - Demand forecasting - in financial accounting - Marketing
How the analysis of demand contributes to business decision making?
analysis of demand contribute to business decision making
Importance of statistics in business and economics?
Statistics is very important in business and Economics because it helps businesses make informed and accurate decision based on certain trends. It helps the planning and production process.
