Sem título

Página 1

Decision Tree

Advantages

Disadvantages

_______________________________________

They set out problems cleary and encourage a logical approach to decision making.

_______________________________________

They encourage careful consideration of all alternatives.

_______________________________________

They encourage a quanitative approach that may improve the results and also means that the process can be computerized.

_______________________________________

They are useful when making tactical or routine decisions rather than strategic decisions.

_______________________________________They may lead to managers taking less account of important qualitative issues.

_______________________________________

They are less useful in relation to completely new decisions or problems.

_______________________________________

It is difficult to get accurate and realistic data in order to estimate probabilities.

_______________________________________

They ignore the constantly changing nature of the business enviroment.

New Page