Financial decisions often involve many criteria. It can be difficult to choose among several options that differ according to multiple criteria, some of which favor each option. A decision matrix ...
Decisions can feel overwhelming, especially when you’re juggling pros and cons in your head. A classic list might seem helpful, but it often falls short when the stakes are high, or the factors are ...
Marginal analysis is an important decision-making tool in the business world. Marginal analysis allows business owners to measure the additional benefits of one production activity versus its costs.
The results of a strengths, opportunities, weaknesses and threats analysis are most often displayed within a four-corner, or horizontal, matrix design. The internal-external matrix is based an an ...
David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, corporate and individual tax planning and preparation, and investing and retirement planning.