At a recent meeting one of your coworkers states "Using the right analysis tool will compensate for inexperienced managers". How would you reply to your coworkers? Consider the following:
1) Do the tools help only in certain situations such as routine, daily or rather mundane decisions, like cost controls, quality controls or staffing questions(in term of number of people needed)?
2) How can analysis tools help the finance or accounting arms of a company more so than mistakes? Can they manipulate or change their environment?
3) What happens if the data entered are wrong? 1 page in length.