Types Of Decision Tools
Decision Analysis Tools
In order to make good business decisions you need to have a working knowledge about the tools and techniques used to aid you in making sound business decisions.
Decision analysis tools are used to make better decisions by breaking down complex problems into smaller, more manageable steps and considering all relevant factors. These tools help to identify the best course of action by evaluating different alternatives and potential outcomes.
Many decisions use more than one tool to help analyze the best course of action.
Links to the tools discussed in this tutorial are listed below:
Financial Statements
- Master Budget
- Master Budget Decisions
- Master Budget Videos
- Capital Budgeting
- Capital Budgeting Decisions
- Capital Budgeting Videos
- Types Of Costs Video
- Cost Volume Analysis
- Decisions Use Cost Volume Analysis
- Cost Volume Videos
- Break-even Analysis
- Decisions Use Break-even Analysis
- Break-even Videos
Economic Order Quantity (EOQ)