Decision Making

Essay specific features

 

Issue:

Business

 

Written by:

Donald W

 

Date added:

March 5, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

1 / 265

 

Was viewed:

6847 times

 

Rating of current essay:

 
Essay content:

This matrix prioritizes your consumers' satisfactory levels, prioritizes the actions that your company can take to satisfy the consumer, and calculates a set of target values for your company to follow to fulfill your goal in a cost effective and timely manner. Decision capture is useful software for businesses because it allows the company to analyze the best approach to meet your company's goal by organizing the data and presenting it in the order of what needs to be done first to improve or develop a product or service that is most beneficial to the consumer based on the prior market research...
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This approach can save great time and money focusing first on what will satisfy the consumer and in turn increase revenue. This software will not affect how the user frames a decision because there are no risks factored. Because this software requires the user to first bring the data or market research, the risks are already weeded out...
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