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What is the meaning of a what-if analysis what is the

What is the meaning of a What-If Analysis?

Today's managers need to consider the alternatives in their strategic decision making. Describe a decision scenario when a manager of a utility company might use a What-If Analysis to get the job done. Can you think of other business scenarios where this tool would be of great benefit to managers?

What is the difference between the types of What-If Analyses ( one-variable data table, two-variable data table, scenario)?

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