12.2 Action Required: Read the following statement: Decision support tools are w

12.2 Action Required:
Read the following statement:
Decision support tools are widely used in the business world and are becoming increasingly complex and specialized.
12.3 Test your Knowledge (Question):
What do you think are the dangers of developing and using sophisticated decision support tools?
—How are mechanistic and organic structural models similar and different?
—Required:
13.3 Test your Knowledge (Question):
Q. What are three main types of budgets?
—14.2 Action Required:
14.3 Test your Knowledge (Question):
Q. What do you understand by Bill of Material?
—
Required:

Read the article in the following link:
https://www.toolshero.com/decision-making/what-if-analysis/

13.3 Test your Knowledge (Question):

What is the significance of ‘What-If analysis’ in business for decision making process? Write with example.
What are the basic steps of What-If analysis?