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Why are facts important in decision-making?

Answer and explanation

Correct answer: To help make correct and reliable decisions

Relevant and verified facts describe the situation more accurately than guesses or rumours. They help a decision-maker identify the real problem, compare alternatives, estimate likely consequences, and justify the chosen action. Facts do not guarantee a perfect result because judgement is still needed, but they make decisions more informed and reliable than unsupported assumptions.

Related tags

Decision MakingCritical ThinkingEntrepreneurship DevelopmentMsme And Business EntrepreneurshipBusiness StudiesClass 11 Mcq

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