It has been said that good analysis lies somewhere between the extremes of "paralysis by analysis" and "extinct by instinct." Explain what you think is meant by these extremes and the impact that subscribing to either extreme might have on the advice provided to a decision maker. (Note this question has two parts - for each of "paralysis by analysis" and "extinct by instinct," 

(a) explain what you think is meant by this extreme

(b) how it might be dangerous to a decision maker receiving your advice).

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The idea of the extreme concept paralysis by analysis means when a decision maker is faced by a ... View the full answer