The more information a manager has, the less risk there is that a decision will be incorrect.

Question

Quizplus · Accepted Answer

This statement is generally true as having more information typically allows a manager to make a more informed decision, reducing the likelihood of errors or incorrect choices. However, it is important to note that having too much information or being overwhelmed by data can also lead to analysis paralysis and potentially poor decision making. Therefore, it's crucial for managers to find the right balance between gathering sufficient information and avoiding information overload.

The More Information a Manager Has, the Less Risk There