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Hindrances to a Successful Qualitative Model

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Discuss three potential problems with people (two with management and one with the quantitative analysts themselves) that may hinder successful implementation of a quantitative model.

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This solution outline three potential hindrances to a successful qualitative model.

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Managers have to do many things to implement any new or different program/model. They have to make sure people understand the new or changed model and they have to evaluate the model for success. The evaluation is where managers have potential problems. They implement a model and then through lack of understanding, their evaluations are unclear or do not fit the needs of ...

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