Decisions with are concerned with functional activities that are necessary to be undertaken by an organization. Decision analysis

Describes the decision makers $($those who have an influence upon the exercise of judgement between competing solutions to a problem$).$ Blank $2$ Question $12$

Is a key step in resolving a problem to be able to exercise judgement of identifying all relevant and necessary information and data pertaining to that perceived problem. Blank $3$ Question $12$

Describes how decision making is shaped both by cognitive processes, contextual and situational pressures. Blank $4$ Question $12$

Using the relationships between the actual numerical historical data to predict future organisational data Blank $5$ Question $12$

Using more than one independent variable to help identify relationships between historic data. Blank $6$ Question $12$

Using a weighting method to bias the combination of most recent forecast and most recent historic data, to predict future organisational data Blank $7$ Question $12$

Using the actual numerical historical data to predict future organisational data Blank $8$ Question $12$

Is the phrase used to describe resolving problems which have limited or uncertain probabilities for events that could occur. Blank $9$ Question $12$

Describes a probabilistic relationship over which a large range of values are possible. Blank $10$ Question $12$