Qualitative and Quantitative Decision Making
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Consider a decision that is made in your organization. Please present here the type of information (perhaps including accounting or cost data, no specific amounts are required) that are needed for making the decision. Also discuss any qualitative factors that might impact the decision.
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Solution Summary
The solution describes qualitative and quantitative factors that impacted a major decision made within an organization.
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Our firm owned a store in a medium sized city and recently acquired a competitor with a store located 6 miles away. After standardizing several internal protocols including accounting procedures and point-of-sale software, management considers consolidating the two stores into a ...
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