Question

Business Decision Modeling can be described as A. a scientific approach to solving management problems. B....

Business Decision Modeling can be described as

A.

a scientific approach to solving management problems.
B.

the foundation on which all management decisions are made.
C.

qualitative in nature.
D.

Problem Initiation, Problem Definition, Problem Modeling, Model Initiation, Review and Iteration, and Final Model Results.
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Answer #1

Answer D. Problem initiation, Problem definition, probelm modeling, model initiation, review and iteration and Final Model results.

Explanation: Business decision modeling is a logical thinking approach to business problems or decisions to be taken. It starts from the facts in hand and derives various conclusions, take the business decision as per set business rules and business logic. Finally, the review off results of the decision taken and any corrective action required.

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