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Information and Research

In: Mastering Decision-Making in Business and Personal Life

Author

Listed:
  • Hassan Qudrat-Ullah

    (York University)

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.

Suggested Citation

  • Hassan Qudrat-Ullah, 2025. "Information and Research," Springer Books, in: Mastering Decision-Making in Business and Personal Life, chapter 0, pages 181-225, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-81068-8_7
    DOI: 10.1007/978-3-031-81068-8_7
    as

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