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Business Decision Tree

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Kovács Jácint
Published on 2023-03-21
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This is a decision tree diagram presenting a business decision process. By asking questions and selecting only yes or no to move to the next step, a decision tree can help analyze business problems and choose suitable solutions. In this decision tree, we need to first think about whether the market prices are low or not. If not, it means that we need stricter price approval rules; if yes, we should consider another question that whether there are niche segments where we can sell at a higher price level. Keep asking and answering the questions until you get to the end of the decision tree. You can sign up for EdrawMax and try to create a decision tree for your business easily.
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