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Decision Matrix: The Smarter Alternative to a Pros and Cons List
Decisions can feel overwhelming, especially when you’re juggling pros and cons in your head. A classic list might seem helpful, but it often falls short when the stakes are high, or the factors are ...
Financial decisions often involve many criteria. It can be difficult to choose among several options that differ according to multiple criteria, some of which favor each option. A decision matrix ...
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isixsigma on MSNPugh Matrix: Learn How This Tool Empowers Your Decision-Making Process
Scottish scientist Dr. Stuart Pugh developed a method for improvement selection called Pugh’s Controlled Convergence. More ...
When you make business decisions as a manager, you take into account qualitative factors like reputations, brand strength and employee morale, as well as quantifiable data such as sales figures, ...
Business owners and managers make a number of decisions throughout the day, week or month. Many of these decisions are "either-or," but even more of them often are about "how much." Margin analysis, ...
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