Information is the vital component

Information is the vital component for the decision making. In fact the success or failure of decision rests on the information on hand. Situation in which a manager have full information regarding the problem is available is called certainty (for example what revenue Tesco will earn from the sales of Fairy washing powder if the price is increased by 10%) and where the range of information is neither perfect and neither imperfect it is called risky decision making (for example what revenue the organisation will earn if it increase Fairy Washing Powder by 10% per unit) while the situation where the decision maker have no information regarding the problem on hand is called uncertainty (for example what revenue Tesco will be earning after 5 year from all the business the organisation undertakes).

ข้อมูลเป็นส่วนสำคัญสำหรับการตัดสินใจ การตัดสินใจต้องอยู่บนฐานข้อมูลที่ถูกต้องและมีความแน่นอนจึงจะถือได้ว่าองค์กรได้รับผลสำเร็จ ตัวอย่างเช่น ถ้าราคาสินค้าในเทสโก้เพิ่มขึ้น 10% เทสโก้จะมีรายได้เพิ่ม ในทางกลับกันการตัดสินใจก็มีความเสี่ยงเช่นเดียวกันอาจจะเกิดจากได้รับข้อมูลที่ไม่สมบูรณ์ ตัวอย่างเช่น เทสโก้จะได้รับรายได้เพิ่มถ้าราคาสินค้าเพิ่มขึ้น 10% ต่อหน่วย ทั้งนี้ทั้งนั้นการจะประสบความสำเร็จทางธุรกิจขึ้นอยู่กับการตัดสินใจบนพื้นฐานข้อมูลที่ถูกต้อง

Results (English) 1:

Information is the vital component for the decision making. In fact the success or failure of decision rests on the information on hand. Situation in which a manager have full information regarding the problem is available is called certainty (for example what revenue Tesco will earn from the sales of Fairy washing powder if the price is increased by 10%) and where the range of information is neither perfect and neither imperfect it is called risky decision making (for example what revenue the organisation will earn if it increase Fairy Washing Powder by 10% per unit) while the situation where the decision maker have no information regarding the problem on hand is called uncertainty (for example what revenue Tesco will be earning after 5 year from all the business the organisation undertakes).Information is important for decision making. A decision must be based on the correct database, and then, of course, assumes that the Organization has been successful. For example, if the item price in Tesco increased 10% more revenue with Tesco on the other hand, the decision to have the same risk may be caused by incomplete information. For example, Tesco will receive additional revenue if prices rise 10% per unit, it is the success of business depends on the decisions based on accurate data.

Results (English) 2:

Information is the vital component for the decision making. In fact the success or failure of decision rests on the information on hand. Situation in which a manager have full information regarding the problem is available is called certainty (for example what revenue Tesco will earn from. the sales of Fairy washing powder if the price is increased by 10%) and where the range of information is neither perfect and neither imperfect it is called risky decision making (for example what revenue the organisation will earn if it increase Fairy Washing Powder by 10. % per unit) while the situation where the decision maker have no information regarding the problem on hand is called uncertainty (for example what revenue Tesco will be earning after 5 year from all the business the organisation undertakes). Information is essential for decision-making. Decisions must be based on accurate information and are, of course, it is considered that the organization has been successful, for example, if the price increase of 10% in Tesco Tesco to earn additional income. On the other hand, the decision was risky, as the same may be due to an incomplete example Tesco to earn additional income if prices increase by 10% per unit regularly to be successful business. Based on the decisions based on accurate information.

Results (English) 3:

Information is the vital component for the decision making. In fact the success or failure of decision rests on the information. On hand.Situation in which a manager have full information regarding the problem is available is called certainty (for example. What revenue Tesco will earn from the sales of Fairy washing powder if the price is increased by 10%) and where the range. Of information is neither perfect and neither imperfect it is called risky decision making (for example what revenue the. Organisation will earn if it.Fairy Washing Powder by 10% per unit) while the situation where the decision maker have no information regarding the problem. On hand is called uncertainty (for example what revenue Tesco will be earning after 5 year from all the business the organisation. Undertakes).

.The information is an important part for the decision. The decision on the correct database and it is considered that the enterprise has the absolute success. For example, if the price increases will be 10% Tesco in Tesco extra income.For example, Tesco will earn additional income if prices rise 10% unit. The lack of success in business depends on decisions based on accurate information
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