What is the significance of ‘What-If analysis’ in business for decision making process? Write with example..

11.1 Learning Outcomes: 3

• Work with formulas and functions 18+ • Perform what-if analyses

• Weigh factors 11.2 Action Required: Read the article in the following link: https://www.toolshero.com/decision making/what-if-analysis! 11.3 Test your Knowledge :

1. What is the significance of ‘What-If analysis’ in business for decision making process? Write with example.

2. What are the basic steps of What-If analysis? 11.4 Instructions Answer both questions in test your knowledge section.

• Post your answer in the discussion board using the discussion link (Week11: Interactive learning

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