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Qualitative and Quantitative

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Two of the specific necessary decision making skill include?

Qualitative and Quantitative


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How many steps does decision support model have?

what are the two specific necessary decision making skills


How many steps decision support model have?

what are the two specific necessary decision making skills


What are the two specific necessary decision making skills?

Qualitative and Quantitative


What are two of the specific necessary decision making skills?

Qualitative and Quantitative


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What is the difference between relevant cost and irrelevant cost?

Relevant cost is that cost which is required for the specific decision making process or the cost which will be change due to specific decision while irrelevant cost has no concern with decision making or any specific decision.


What is the distinction between relevant cost and irrelevant cost?

Relevant cost is that cost which is necessary for the underlying decision in decision making process while irrelevant cost is not necessary to be decision to be made.


What are Keys to decision making?

The keys to decision making include identifying the problem and doing your homework. Looking at your choices and weighing the possible outcomes are other parts of making a good decision.


What is the process by which labor is divided into small specific task and tasks that are assigned to specific employees?

decision making


How is individual decision making an irrational process?

Inevitably irrational, since no individual can have all the information necessary to make a totally rational decision.