Qualitative and quantitative factors in decision making

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Reference no: EM133502718

Question: Explain the relationship between qualitative and quantitative factors in decision making. For the company you have selected for your final project, provide an example of a decision they might have to make and list the quantitative and qualitative factors that should be considered. For example, if your company was Ford Motor Co., they might have to make a decision to continue purchasing wire harnesses from a Tier 1 supplier, or start making their own in-house. What quantitative and qualitative factors should be considered in that decision?

Reference no: EM133502718

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