Question
Discuss the information requirements for different decision-making stages with suitable examples.
Decision-making is a crucial aspect of any organization as it determines the success or failure of its operations. However, decision-making is a complex process that involves several stages, each with specific information requirements. In this article, we will discuss the information requirements for different decision-making stages with suitable examples.
The decision-making process typically involves four stages: Intelligence, Design, Choice, and Implementation. Let's discuss the information requirements for each of these stages.
The information requirements for this stage may include market trends, customer preferences, competitor activities, technological developments, financial performance, ____________ ________ ____________ ______ ________ ______ ________ __ _____________ ________.
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