The type of information required by decision makers in a company is directly related to the level of management decision making and the amount of _______________ in the decision situations they face.
A) financial risk
B) structure
C) variable information
D) urgency

Question

Quizplus · Accepted Answer

The level of management decision making and the amount of structure in the decision situations they face determine the type of information required by decision makers in a company. This means that decision makers at different levels of management will require different types and amounts of information. For example, top-level executives may require broad strategic information, while middle-level managers may require more detailed operational information. Ultimately, the structure of the decision situation will dictate the type of information required.

The Type of Information Required by Decision Makers in a Company