Sunday 24 May 2009

5 Solved examples on Decision Tree topic


Decision Trees are useful tools for helping you to choose between several courses of action.

They provide a highly effective structure within which you can explore options, and investigate the possible outcomes of choosing those options. They also help you to form a balanced picture of the risks and rewards associated with each possible course of action.

This makes them particularly useful for choosing between different strategies, projects or investment opportunities, particularly when your resources are limited. 
This topic is not covered in the IGCSE syllabus but is relevant to A Level Business Studies students.