Compare the normative and descriptive approaches to decision making.
Answer to relevant QuestionsExplain the difference between a principle of choice and the actual choice phase of decision making.Describe how new technologies can provide decision-making support.You are about to buy a car. Using Simon’s four-phase model, describe your activities at each step.Your company is considering opening a branch in China. List typical activities in each phase of the decision (intelligence, design, choice, and implementation) of whether to open a branch.What is a data warehouse?
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