PGDDB_Assignment 7_Applying Experimentation to Your Innovation.pdf

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Assignment 7 Applying Experimentation to Your Business Assess a real-world business decision. TASK Assess a real decision you are facing in your business. This decision could be a decision about a new business venture, innovation, or untested strategy. It could be specific (like pricing) or broad (like product design). Answer the following questions. 1. What is the decision you need to make?
Postgraduate Diploma in Digital Business Page 1 of 3 2. What is the value to your business of making the right decision? What is the cost if you make the wrong decision? Please provide relevant examples.

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