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- 1Decision Making processQualitative & Quantitative aspects should be considered.
Qualitative : Employee morale , Timeliness & quality of product delivery,Social impact & reaction of public. Although it cannot be measured numerically ,it is an important aspect in the decision making process
Quantitative : those that can be measured in numerical terms. cost of materials, labor,selling costs.
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- Flashcards on Untitled, created by ksnshenoy on 16/09/2013.
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- ksnshenoy
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