Discuss some of shortcomings of using qualitative approach, Microeconomics

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Discuss some of shortcomings of using qualitative approach

Problem

Why it is important for a manager or decision maker to have a good understanding of quantitative approaches to decision making? Discuss some of the shortcomings of using the qualitative approach only. Not less than three hundred words.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Discuss some of shortcomings of using qualitative approach

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