Impact of underlying assumptions in the analysis process
Indisputably, people often make assumptions when carrying out any analysis, particularly the analysis of information that can aid major decision making. These assumptions are important because the help to ease the analysis. However, they can have serious effects on the performance of an organization if the analysts are not careful. Sometimes the decision makers tend to be selective on the type of information they use to make their decisions. They assume that some factors do not have significant effects on the organization and ignore them. Assumptions can lead to making wrong conclusions about a certain phenomenon. Additionally, making some ...