which of the following statements best describes the business value of improved decision making?
A) Improved decision making creates better products.
B) Improved decision making results in a large monetary value for the firm as numerous small daily decisions affecting efficiency, production, costs, and more add up to large annual values.
C) Improved decision making enables senior executives to more accurately foresee future financial trends.
D) Improved decision making strengthens customer and supplier intimacy, which reduces costs.
E) Improved decision making creates a better organizational culture.

The statement best describes the business value of improved decision-making is improved decision-making results in a large monetary value for the firm as numerous small daily decisions affecting efficiency, production, costs, and more add up to large annual values. The correct option is b.

What is decision-making?

The process of choosing choices by identifying a decision, acquiring information, and evaluating possible answers is known as decision-making.

By collecting important information and identifying options, a step-by-step decision-making process can help you make more careful, meaningful decisions.

Therefore, the correct option is b. Improved decision-making has a big monetary value for the firm since many little daily decisions affecting efficiency, production, expenses, and other factors build up to large annual values.

To learn more about decision-making, refer to the link:

https://brainly.com/question/13129093

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