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There are two types of analyses that business planners use when facing a decision. Please select the correct two choices
Qualitative Decision Making
Priority Decision Making
Quantitative Decision Making
ISO 2700 series Decision Making
Quantitative involves the use of numbers and formulas to reach a decision. This type of data often expresses options in terms of the dollar value to the business.
Qualitative Decision Making takes non-numerical factors, such as emotions, investor/customer confidence, workforce stability, and other concerns, into account. This type of data often results in categories of prioritization (such as high, medium, and low
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