Collection and analysis of information used to assist managers in making informed decisions is known as ________.

Question

Quizplus · Accepted Answer

The process of collecting and analyzing information in order to aid in managerial decision making is known as market research. Social stratification refers to the categorization of individuals or groups based on social, economic, or other factors. Organizational identification refers to the extent to which individuals associate with and feel a sense of belonging to the organization they work for. Entrepreneurship refers to the process of creating and developing a new business venture. Therefore, only option B is the correct choice.

Collection and Analysis of Information Used to Assist Managers in Making