Qualitative aspects of information can carry more weight than quantitative aspects in a business decision.

Question

Quizplus · Accepted Answer

Qualitative aspects refer to non-numerical factors such as customer feedback, industry trends, and brand perception, while quantitative aspects deal with numerical data such as sales figures and financial reports. In some cases, qualitative aspects can be subjective but can provide valuable insights into a business decision. Therefore, qualitative aspects can carry more weight than quantitative aspects in certain situations.

Qualitative Aspects of Information Can Carry More Weight Than Quantitative