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What is the significance of ‘What-If analysis’ in business for decision making process?

Business

• Weigh factors 11.2 Action Required: Read the article in the following link: https://www.toolshero.com/decision making/what-if-analysis! 11.3 Test your Knowledge (Question):
1. What is the significance of ‘What-If analysis’ in business for decision making process? Write with example.
2. What are the basic steps of What-If analysis?
11.4 Instructions Answer both questions in test your knowledge section. • Post your answer in the discussion board using the discussion link (Week11: Interactive learning Discussion)

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