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?

 Interactive learning Discussion

Read the article in the following link:

https://www.toolshero.com/decision-making/what-if-… (https://www.toolshero.com/decision-making/what-if-…/)/

• Q 1 What is the significance of ‘What-If analysis’ in business for decision making process? Write with example.
• Q 2 What are the basic steps of What-If analysis?

Answer both questions in test your knowledge section.

Post your answer in the discussion board using the discussion link below (Week11: Interactive learning Discussion)