Which of the following statements is true?a. The more information a manager has, the less risk there is when making
a decision.
b. Most managers make decisions without any information.
c. When the amount of information is low, there is less risk.
d. Risk improves decision making.
e. The more information a manager has, the more risk there is when making
a decision.
5:42 PM

Answers

Answer 1

Answer:

Answer:

The correct answer is A. The more information a manager has, the less risk there is when making a decision.

Explanation:

In the decision-making process that occurs in any business structure, it is essential that those responsible for making these decisions have the appropriate information in order to make the most convenient decisions for the company. Thus, those in charge of this task carry out market research prior to making relevant decisions, in order to avoid making mistakes that could lead to the company losing money due to an erroneous decision.

Answer 2

Answer:

The truthful statement related to decision-making in business management is that the more information a manager has, the less risk there is when making a decision. Having more information helps a manager understand all aspects of a situation, thereby reducing risk, as long as the information is relevant and actionable.

In the context of decision-making in business management, the statement that is true is: a. The more information a manager has, the less risk there is when making a decision. This is because having more information allows a manager to make an informed decision. When they understand all aspects of a situation, they can predict the potential consequences better. Hence, reducing the risk associated with the decision. However, information should be relevant and actionable. Simply having more information does not necessarily reduce risk if the information is not properly analyzed and understood.

Learn more about Risk in Decision Making here:

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Answers

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Answers

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Answers

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Answers

Answer:

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Explanation:

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Answers

Answer:

True

Explanation:

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Answers

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Answer:

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