Which of the following is a decision making tools?Select one:a. Market feedback analysisb. Root cause corrective actionc. Passport processd. Mistake proofing
Question
Which of the following is a decision making tools?Select one:a. Market feedback analysisb. Root cause corrective actionc. Passport processd. Mistake proofing
Solution
The correct answer is a. Market feedback analysis. This is a decision-making tool used by businesses to understand the needs and preferences of their customers. It involves collecting and analyzing feedback from the market, which includes customers, competitors, and other stakeholders. This information is then used to make decisions about product development, marketing strategies, and other business activities.
Similar Questions
For clarity, decision making tools/ techniques would include decision trees and cost benefits analysis. Decision making methods would include command, consultation, vote, consensus.
The last step in the decision making process is:Multiple choice question.select the course of actiondefine the decisioncollect relevant informationanalyze and assess the decision
Identify which are steps in the decision making process?Group of answer choicesIdentify the problemKnow who is making problemsAct on your decisionWeigh your optionsEvaluating decisions made in the past
Discuss the purpose and application of each method in business decision-making
great tool to decision making is __________AProblem SolvingBDiscussionCIgnoring problemsDResolving personal issues
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.