Question

When organizing and analyzing information for decision making, a weighted number system is a useful tool. Please select the best answer from the choices provided True or False?

Answer 1

True

Step-by-step explanation:

Decision making includes both art and science of managerial ability. Decision is concluded by the way of gathering information, organising the information and finally analysing the information through multiple process. Decision matrix, cost-benefit analysis, "SWOT" ("Strength, Weakness, Opportunities and Threats") Analysis are the some ways or tools to handle the decision making. In public and personal life, "decision making" plays a vital role in majority of the life.