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Which example shows technology increasing the speed of decision making?

Answer and explanation

Correct answer: Manager instantly receiving an updated sales dashboard

The governing concept is the technological environment of business, which includes tools and systems that improve the collection, processing, and communication of information. A manager who receives an updated sales dashboard immediately can compare current sales, identify a shortfall or successful product, and respond without waiting for manual compilation. Thus, option A directly shows technology reducing the information delay and increasing decision-making speed. Option B is slow because the report is prepared manually after three months. Option C represents loss of information, while option D describes an unsupported guess rather than a technology-enabled decision. The dashboard is useful not merely because it is digital, but because timely data reaches the decision-maker in an organised form.

Related tags

Business-EnvironmentTechnological-EnvironmentDecision-MakingDashboardTechnological EnvironmentBusiness EnvironmentBusiness StudiesClass 12 Mcq

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