Question

When making decisions: A) quantitative factors are the most important B) qualitative factors are the most important C) appropriate weight must be given to both quantitative and qualitative factors D) both quantitative and qualitative factors are unimportant

Answer 1

Answer:

C) appropriate weight must be given to both quantitative and qualitative factors

Step-by-step explanation:

Quantitative factors are outcomes from certain actions that are measurable in numbers or numeric terms. Qualitative factors are outcomes from certain actions decision that cannot be measured or difficult to quantify. When making decisions, appropriate weight must be given to both quantitative and qualitative factors. Both quantitative and qualitative factors must be given equal consideration when making decision.