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Reflecting on the decision support tools

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Reference no: EM131848942

Reflecting on the decision support tools (for ex: Decision Tree, Decision Matrix Analysis tool), think of a scenario in your local business, organization, or place of employment where one of these tools could be effective.

Describe the situation in which it would be used and how it could be used. Be sure to support your statements with logic and argument, citing any sources referenced.

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In the given assignment we have discussed about the payback analysis which is considered as a major decision support tools and it helps in analyzing financial investment decision of an organisation. we have also explained the working of payback method and how it helps organisation in analyzing financial decisions.

Reference no: EM131848942

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inf1848942

3/28/2018 6:02:39 AM

Did not know anything about decision support tools and how to work on Decision matrix analysis tool. Your team has greatly helped me get out of this assignment problem. Now I am even confident about my assignment and seeing forward to work with your team again. The thing I like the most about your work is that you have logically supported your arguments well. the analysis at the end of the solution for financial investments was very accurate. Next time I will surely give you enough time to make the assignment although you have made it this time in a very short duration. Thumbs up to the team.

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