Question

In making a decision, management will look thoroughly at both:

a) Relevant and irrelevant data
b) Only relevant data
c) Only irrelevant data
d) Predictive data

Answer 1

Management examines both relevant and irrelevant data when making decisions.

Step-by-step explanation:

In making a decision, management will look thoroughly at both:

a) Relevant and irrelevant data

Effective decision-making involves a careful consideration of both relevant and, to some extent, irrelevant data. Relevant data directly contributes to the decision-making process, providing valuable insights and information that align with the decision criteria. On the other hand, seemingly irrelevant data may offer context, perspectives, or unintended consequences that can influence the decision-making context. While the primary focus is on relevant data, astute managers recognize that a complete understanding of a situation requires acknowledging and evaluating a broader spectrum of information. Sometimes, what initially appears irrelevant may become crucial when considering the broader implications of a decision. The ability to sift through and distinguish between relevant and irrelevant data is a hallmark of effective decision-makers, enabling them to make well-informed and nuanced choices that consider the complexity of real-world scenarios.