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 organization 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 organization undertakes).
It means that the outcome of a decision (certainty, risk, and uncertainty) rests on the available information regarding a decision making situation. The chances of the success of decision increases as the manager have more and more information.

Results (English) 1:

Information is a critical element for a decision. In fact, the success or failure of a decision based on the information in hand, in a situation where the Manager must contain all the information about an existing problem is called certainty (for example, income from Tesco, there will be revenue from sales of fairy washing powder. If prices rise 10%), and the range of information that is incomplete and is not complete. Also called risk decisions (for example, an organization will receive an income if it's 10% off fairy washing powder per unit), while the situations in which decision makers with information about the issue at hand is known as uncertainty (for example, what revenue revenue are Tesco after 5 years from every business enterprise certification)It means that the effect of the decision (of course risk and uncertainty), depending on the decision of the information about the chances of success of the Manager's decision. There is more information.

Results (English) 2:

Information is the key ingredient for a decision. In fact, the success or failure of the decision based on the information at hand, in situations where managers have complete information about the problem is called the course (for example, the income of Tesco's revenue. sales of Fairy washing powder prices increased by 10%) and the range of information that is incomplete and imperfect. Called risky decisions (for example, what the organization would have been if it Fairy Washing Powder 10% per unit) while the situation where the decision with information about the issue at hand is that the uncertainty (such things. Income Tesco After 5 years, the income of every business enterprise certification)
means that the effect of the decision (of course, risks and uncertainties), depending on the decision of the information about the situation. Increase the chances of success of the decision. The manager More information

Results (English) 3:

The information is an important element for the decision.(for example, what income is income from sales of Tesco fairy washing powder if prices rise 10%). And a range of information that is not complete and incomplete. Known risk decision making.10% per unit) as the situation that decision makers have information about the issue at hand is uncertain (such as what income Tesco Earnings after 5 years from all business enterprise certification)
.Means the effect of decision (of course, risk and uncertainty) depends on the decision avafx information about the situation. The chances of success more decision making as a manager with information more and more.