Question: When is a good time to use a decision matrix as a managerial tool? Group of answer choices: When you need to assess a multi-choice
When is a good time to use a decision matrix as a managerial tool? Group of answer choices:
When you need to assess a multi-choice situation from a logical viewpoint and have enough comparable variables to make a weighted analysis
When there are only two possible solutions that don't involve too many variables
best used when you're deciding on something that requires a sense of emotion, as it is subjective tool in nature.
If there many variables involved. In general, twenty is the proper number of variables where a decision matrix is viable
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
