Question

Managers that must analyze data from 500 hotels to determine when to discount rooms based on occupancy patterns would be placed in which category for managerial decision-making challenges?

Answer 1

In a situation when managers must analyze data from 500 hotels to determine when to discount rooms based on occupancy patterns they are facing with the following challenge: they need to analyze large amounts of information in the decision-making process in order to make the correct decision. The goal of the decision is to gain competitive advantage.