Search results for keyword: feasibility
key ratio method
Introduction
The Critical Ratio Method is an economic analysis tool used to measure the effectiveness of alternative projects and investments. This technique evaluates a project’s return on investment (ROI) by comparing the rate of return to the risk of the investment. It’s not a tool used to ......
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Samantha
estimated cost
One of the most important components of any business is estimating the costs associated with each project. Any company that fails to accurately estimate their costs runs the risk of running the business at a loss. Additionally, estimating the costs of a project accurately can help the organization......
McKinsey seven-step analysis
McKinsey 7-S Framework
The “McKinsey 7-S Framework” is a management tool used to identify and analyze the internal organizational factors that are important in determining an organization’s ability to adapt to a rapidly changing external environment. Developed by McKinsey & Company in the 1980......
decision hierarchy
Decision Level Methods
Decision Level Methods involve making decisions at different levels of a company or organization and identifying the risks associated with those decisions. This type of decision making is important for companies to be able to identify risks, manage them and mitigate them. D......
collective judgment
Collective Judgement
Collective judgement is a decision-making process used to make good quality decisions and solve problems. Collective judgement involves gathering knowledge and insights from a group of people in a structured manner and then making a decision based on their collective input. T......
Corporate Finance Strategy
Finance Strategies for Business Enterprises
In order to maintain the stability of their business enterprises, business leaders must have an effective strategy for financing. In general, strategies for financing can be divided into three categories: internal finance, external finance, and equity f......
Brainstorming
Introduction
Brainstorming is a method of generating creative ideas or solutions through spontaneous and unstructured participation. It involves gathering a group of people for a brief period of time to brainstorm the issue at hand, without any of the usual limitations or restrictions such as tho......
Wall Score
INTRODUCTION
The Delphi Method is a method experts use to anonymously provide information and reach a consensus. It is named after the Oracle of Delphi, the ancient Greek society that was known for taking input from a council of experts to make political and military decisions. The Delphi techni......
problem solving team
Problem-Solving Teams
Problem-solving teams are groups composed of individuals who work together to identify, discuss, and solve complex problems. Such teams go beyond the regular roles of a group and focus on the specialized expertise of each individual that is combined with creativity to overco......
dot leadership
Leading Through Innovation
Innovation has long been recognized as essential to the growth and success of any business. It is, quite simply, the lifeblood of any enterprise. It is through innovative methods and products that businesses can remain relevant and competitive in ever-evolving markets. ......
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