What is a more important in an a decision, a qualitative factor or a quantitative factor? Why?
Quantitative factors are important for analysis,
Qualitative factors are important for sustainability and real-world impact.
A decision based only on numbers may be risky,
and a decision based only on feelings may be inefficient.
Therefore, both qualitative and quantitative factors are equally important, and good decision-making balances the two.
Qualitative factors are important for sustainability and real-world impact.
A decision based only on numbers may be risky,
and a decision based only on feelings may be inefficient.
Therefore, both qualitative and quantitative factors are equally important, and good decision-making balances the two.
Quantitative factors are important because they provide clear and objective data for analysis. However, qualitative factors are often more important in the long run because they influence sustainability, reputation, and overall business success.