What is the significance of what-if analysis in business, Business Management

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What is the significance of what-if analysis in business

Problem

Reade the article "What-If Analysis: Definition and Example" and answer the following questions:

• What is the significance of 'What-If analysis' in business for decision-making process? Write with an example.
• What are the basic steps of What-If analysis?

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Business Management: What is the significance of what-if analysis in business

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Business Management: What is the significance of what-if analysis in business

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