Question

which of the following is true about business decision-making failures? a. they are inevitable. b. they can be avoided with more information. c. they can always be avoided with proper planning. d. they are to be avoided at all costs.

Answer 1

They can always be avoided with proper planning. The correct answer is option (b).

What is decision-making failures?

Decision-making is the process of selecting the alternative or course of action that best suits one's needs. Managers in an organization take a number of steps to decide the planned route for business goals and to start specific actions.

Many poor decisions result from a decision-making process that was too hasty and didn't include the essential brainstorming stage or a sufficient consideration of all the potential outcomes of each possibility. Making decisions that are supported by knowledge and reason can help the business achieve long-term success.

To know more about decision-making, visit:

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