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Decision Tree pro and cons

bboyd6351987 Englisch 8 Karten

Karten in diesem Stapel (8)

  1. 1Decision Tree Advantage - AlternativesThey encourage careful consideration of all alternatives
  2. 2Decision Tree Advantage - TacticalThey are useful when making tactical or routine decisions rather than strategic
  3. 3Decision Tree Advantage - Logical ApproachThey set out problems clearly and encourage a logical approach to decision making
  4. 4Decision Tree Advantage - Quantitative ApproachEncourage a quantitative approach that may improve results and process can be computerized.
  5. 5Decision Tree Disadvantage - Less AccountThey may lead to managers taking less account of important qualitative issues
  6. 6Decision Tree Disadvantage - New decisionsThey are less useful in relation to completely new decisions or problems and one-off strategic decisions or problems.
  7. 7Decision Tree Disadvantage - Estimate probabilitiesit is difficult to get accurate and realistic data in order to estimate probabilities
  8. 8Decision Tree Disadvantage - Business EnviromentThey ignore the constantly changing nature of the business enviroment.

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Karteikarten am Decision Tree pro and cons, erstellt von bboyd6351987 am 06/11/2014.
Erstellt von
bboyd6351987
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