Which of the following is a decision making tools?Select one:a. Market feedback analysisb. Root cause corrective actionc. Passport processd. Mistake proofing
Question
Which of the following is a decision making tools?
Select one:
- a. Market feedback analysis
- b. Root cause corrective action
- c. Passport process
- d. Mistake proofing
Solution
To address the question, we need to identify which option is primarily recognized as a decision-making tool. Let's analyze each option:
-
Market Feedback Analysis: This involves gathering and interpreting feedback from the market to make informed decisions regarding products or strategies. It helps in decision-making processes, especially in marketing and product development.
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Root Cause Corrective Action: This method focuses on identifying the primary cause of a problem and developing solutions to address it, which is crucial in decision-making within problem-solving contexts.
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Passport Process: This term is less commonly associated with a standard decision-making tool. It may refer to administrative procedures rather than strategic decision-making.
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Mistake Proofing: Also known as "poka-yoke," this is a technique used primarily in manufacturing that helps to prevent errors. While it aids in decision implementation regarding quality control, it is not fundamentally a decision-making tool.
Conclusion
Among the options provided, Market Feedback Analysis is the best fit as a decision-making tool because it directly involves analyzing data to guide strategic choices. Therefore, the correct answer is a. Market feedback analysis.
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