FOUNDATIONS OF BUSINESS
FOUNDATIONS OF BUSINESS
6th Edition
ISBN: 9780357685594
Author: Pride
Publisher: CENGAGE L
bartleby

Concept explainers

Question
Book Icon
Chapter 15, Problem 1DQ
Summary Introduction

To determine: Whether managers really need all the kinds of information or whether any kinds of information can they do without.

Introduction: Data implies raw facts accumulated about somebody or something, which is uncovered and random. Facts, concerning a specific occasion or subject, which are distinguished by handling is called information.

Expert Solution & Answer
Check Mark

Explanation of Solution

The reasons on whether managers really need all the kinds of information or whether any kinds of information can they do without are as follows:

Managers might not have a day by day requirement for all types of information; however at some point each manager will address some part of all the diverse information. Managers do require all the information they can get about their organization and surroundings in which it works with the goal that they can designs for the future, execute current designs, and assess the outcomes.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!
Students have asked these similar questions
Home Depot History of LAck of Ethical Decision Making and Social Responsibility. Actions that receive public backlash and failed to deliver to their community.
SWOT analysis for Home depot
Home depot Mission Statement and Key Leaders
Knowledge Booster
Background pattern image
Marketing
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, marketing and related others by exploring similar questions and additional content below.
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Text book image
Foundations of Business - Standalone book (MindTa...
Marketing
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Text book image
Principles of Management
Management
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax College