Question

Relevant qualitative factors include any nonquantitative issues that managers should consider before taking a decision. Give examples of questions managers could ask to help them identify relevant qualitative factors?

Answer 1

Answer:

Quantitative elements are of most extreme significance to supervisors for taking an educated and precise basic leadership based on bookkeeping information accessible. Be that as it may, directors can not overlook the subjective elements which are critical to comprehend for the effect of basic leadership on the organization.

Following are the real issues business administration group ought to consider regarding subjective factors previously touching base at a choice.

1. How the choice taken by the supervisors will influence the outer notoriety of the organization?

2. Choice like cutting expenses and making cost cutting strides or choice is the manner by which going to influence the work relations as solid work connection is similarly vital. How any choice taken will affect adversely or help the confidence of the workers?

3. What will be leaser's recognition about the organization on any choices made by the organization administration?

4. Weather the choice taken for determining here and now quantitative advantages from slicing cost will influence the long haul benefits and what will be the effect on the organization in long haul quantitative advantage?

5. What will be the upper hand of choice taken? Weather it will be lost as though organization is having upper hand its investors are very much granted for a considerable length of time to come.