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Information and Research

Hassan Qudrat-Ullah

Chapter Chapter 7 in Mastering Decision-Making in Business and Personal Life, 2025, pp 181-225 from Springer

Abstract: Abstract This chapter explores the crucial role of data and research in enhancing decision-making processes. It underscores how empirical evidence and thorough analysis underpin informed choices in both personal and business contexts. Key strategies for effective information gathering and evaluation are outlined, including defining objectives, utilizing diverse sources, and employing analytical tools. The chapter presents successful case studies, such as Target’s supply chain redesign and Pfizer’s development of Viagra, highlighting the impact of rigorous research. It also addresses the dynamic nature of data, emphasizing the importance of adapting to new information and integrating advanced technologies for improved decision-making outcomes.

Keywords: Data analysis; Decision-making; Research methods; Information gathering; Empirical evidence; Evaluation techniques; Case studies; Analytical tools; Information sources; Supply chain management; Healthcare research; Dynamic data; Decision support systems; Strategic planning; Data integration (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-81068-8_7

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DOI: 10.1007/978-3-031-81068-8_7

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