Which type of management technique uses objective information and expert judgment as the basis for effective decision making?
A)Management Information System
B)Evidence-based management
C)Cost-benefit analysis
D)The 80-20 principle

Question

Quizplus · Accepted Answer

Evidence-based management uses objective information and expert judgment as the basis for effective decision making. Management Information System is a tool that provides managers with information for decision making. Cost-benefit analysis is a specific technique for evaluating the costs and benefits of a decision. The 80-20 principle is a rule-of-thumb principle that suggests that 80% of effects come from 20% of the causes.

Which Type of Management Technique Uses Objective Information and Expert