USING MODELS IN FINANCIAL PLANNING
- 1 February 1981
- journal article
- Published by Emerald Publishing in Journal of Business Strategy
- Vol. 2 (1) , 39-51
- https://doi.org/10.1108/eb038923
Abstract
Models can be a beneficial planning tool to evaluate real alternatives. However, the user must avoid some common traps, including the temptation to have the model validate management's preconceived notions and the allure of overly elaborate and complex models.Keywords
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