March 07, 2013

decision time VS. decision tools using

in this project, our group use 2 finance tools and 3 marketing tools to analysis the Wave Riders case??

it spends us half day to apply one tool into this case study

i start to think that, more tools will help the analysis to be more comprehansive, but the thing is the more tools using, it will spend more time to make a decision??

how to balance these two?

because, making decision faster is essential for a compay. It can make the company to be more flexible

but using more tools can help the decision to be more comprehansive is very important as well.

a bad decison can make company go into a delimma.

thus it is still a que s ti on for company to balance the No. of tools using and a comprehansive solution

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