Download and customize this and hundreds of business presentation templates for free
The potential consequences of weighting cost higher than service in decision-making could include a decrease in overall quality of service, customer dissatisfaction, and potential loss of business. If cost becomes the primary focus, other important factors such as quality, customer satisfaction, and long-term sustainability might be overlooked, which could negatively impact the business in the long run.
Asked on the following presentation:
How do you better organize your priorities to make stronger decisions backed up by data? With this collection of decision-making frameworks, you’ll le...
Voila! You can now download this presentation
Download
Question was asked on:
For example, if cost isn't as important as service or vice versa, each can be weighted lower or higher as needed. If the cost scores high on a decision but the rest of the criteria is weighted lower, it will bring the entire score down, which could lead to a different decision depending on what's most important.
Questions and answers
Ask another question