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Essay

What is Your Experience with Decision Making Models

Essay specific features

 

Issue:

Business

 

Written by:

Lisa L

 

Date added:

July 23, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 523

 

Was viewed:

783 times

 

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Essay content:

I have used a variety of decision-making tools, including PMI, SWOT, CBA, Decision-Trees, and MDPISA. What are these tools? We have all used PMI; it is the quintessential Pro's versus Con's. It stands for plusses, minuses, and interesting. The "interesting" column captures the implications of making each decision...
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I have used this tool in almost every area of my life. It helps to see a problem rationally, without the distraction of emotions or ego. SWOT stands for strengths, weaknesses, opportunities and threats. In my experience, this is often used by mass-market retailers and companies that sell to them. Strengths and weaknesses are used to analyze internal status, while opportunities and threats are used to analyze the external...
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General issues of this essay:
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