Select the correct answer.

Which of the following is a correct statement?

A. Information is collected by the top management only.
B. Information is analyzed for taking effective decisions.
C. Information should always be outsourced.
D. Information should be only collected for avoiding disputes.



Answer :

Final answer:

Information plays a vital role in decision-making processes within organizations.


Explanation:

Information is crucial for making effective decisions in organizations. Monitoring, formal research, and management experiments are avenues to gather new information for decision-making. It is essential to evaluate the quality of information and take sufficient time to make informed decisions.


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