T ACCOUNT DECISION-MAKING
Some business professionals toss dice to help them make a difficult decision. Others rely upon intuition. The best approach, however, is to come to a decision using some logical process. One method is to use T account decision-making. T account decision-making entails listing and weighing the advantages and disadvantages, then summing the weight for each alternative and selecting the best one.
T account decision-making is beneficial because it is simple and quick and provides a structured approach for making a decision.
for Performing T Account Decision-Making
- Draw a large t on a sheet of paper or use computer software ...
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