Mindmap
Decision Trees
Inhalt der Mindmap
Decision Trees
visual representation of a firms possible choices/options
L3
- helps make choices
- good visual method to show variety
- management have to consider risks and profits
L4
- probabilities and profit projections are estimates only
- process can be quite time consuming
- diagrams can become unmanageable for complex decisions
- needs other inputs before a decisions is made
Informationen
- Beschreibung
- GCSE Business (Unit 4) Mindmap am Decision Trees, erstellt von beccehjane am 12/06/2015.
- Erstellt von
- beccehjane
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