Information Necessary for Decision-Making Includes

question 4

Multiple Choice

Information necessary for decision-making includes:

• A)both quantitative and qualitative information.
• B)quantitative information only.
• C)information reported in financial reports only.
• D)qualitative information only.

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Definitions:

Employment Relations

The study and practice concerning the management and regulation of work relationships, including aspects of bargaining, rights, and obligations of employers and employees.

Self-Employed People

Individuals who work for themselves rather than being employed by an organization, often running their own businesses or freelancing.

Employers

Individuals or organizations that hire and pay others for their services or labor, often within a formal contractual relationship.

Employees

Individuals who are hired to perform specific duties in return for compensation, operating under the guidance and authority of an employer.