(Answered) Dq1present an example of a business situation that you

Management Studies

DQ1

Present an example of a business situation that you believe would lend itself to the use of a quantitative business model. Clearly explain how the model could be used in this situation.

DQ 2

Multiple models are often used in supporting business decision making. Outline a situation in your organization or industry that required the need for multiple models. What factors were unique to this situation? Support your response with rationale from the readings or external research.

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