Kim hotels is interested in developing a new hotel in seoul the
Without more information, it is difficult to determine whether Kim should proceed with the project today or wait a year before deciding. A decision tree analysis involves creating a visual representation of all possible outcomes and decisions that need to be evaluated when it comes to the given project. This involves collecting data on expected costs, benefits and risks associated with the project, as well as any other relevant factors that could impact Kim’s decision. After constructing a decision tree, Kim can use this tool to evaluate each outcome in order to determine which option would yield the best result for her business.