A useful way to analyze hiring,marketing,investment,equipment purchases,pricing,and similar decisions that involve a progression of decisions is to use ________.
A)market research
B)PERT diagrams
C)just-in-time inventories
D)a decision tree
E)accounting procedures

Question

Quizplus · Accepted Answer

A decision tree is a visual tool that helps to map out different potential decisions and their potential outcomes. It allows decision-makers to weigh the pros and cons of different options and choose the one that is most likely to lead to the desired result. This can be particularly useful in situations where there are multiple steps or decisions involved in achieving a particular goal, such as hiring or investment decisions.

A Useful Way to Analyze Hiring,marketing,investment,equipment Purchases,pricing,and Similar Decisions That