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I mean, what are the major categories of business information and show how they influence or impact on decision making in an organization

2006-12-30 08:59:55 · 2 answers · asked by Danito 1 in Business & Finance Other - Business & Finance

2 answers

I believe it is an asignment question given by your teacher. well I can help you a little bit in this regard.

1. Company's Financial Statement normallly help decision makers to cut down extra expenses and over heads. It also recomend managers to initiate training sessions to enhance productivity from employees to the organisation.
2. It gives an oppurtunity to HR department to make certain kind of policies to retain best people in their company on competitive salary.
3. Sales and profit of the company also make Managers to think about future strategy.
4. Competitor's Analysis is also plays a major part in making decisions. Analyse what other people from same business are doing in market. What they did in certain situations.

There are so many things which helps organisations to make decisions.

2006-12-30 09:14:02 · answer #1 · answered by Dumboo 3 · 0 0

make things hard for the normal nice white guy and give everything good the the packistannies and black people and pay them more or you will be scutinised and punnished of the british government.

2006-12-30 09:03:40 · answer #2 · answered by Anonymous · 0 0

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