Which of the following is a correct statement? a. information is collected by the top management only. b. information is analyzed for taking effective decisions. c. information should always be outsourced. d. information should be only collected for avoiding disputes.

The answer is: B) Information is analyzed for taking effective decisions.

Explanation:

Businesses use information for every decision it makes or expects to make. Without good information, businesses are bound to make serious mistakes in their decision making processes and their everyday performance.

Imagine that today the government decides to ban certain food ingredients which we commonly use in our recipes for producing cakes. If we don't get the information on time, we might continue to use the banned ingredients and may face possible sanctions for it. But if we knew about the ban we would have replaced those ingredients.

net worth is the difference between what you own and what you have. if you exceed your liabilities you have a positive net worth. if your liabilities are greater than your assets you have a negative net worth. its a snapshot of your financial situation. if you calculate your net worth you will see the end result of everything you've earned and spent as of now. net worth statements and all you asked of can you determine where you are, how to get where you want to be, if your spending   to much. honestly it can tell you a lot of things. i can go on, but you can paint the picture from here.

explanation:

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