Business Studies, asked by shubhampandey3232, 10 months ago

2. If a manager is unaware of the concepts of statistics, data is the most dangerous tool in his hands.” Explain and justify this statement.

Answers

Answered by f34rlessSamosa
1

Answer:

if the manager is not capable the fire him

Explanation:

if he is not aware of how the data is very useful then the company will close very soon ,Nowadays of it data is a very dangerous thing

Answered by orangesquirrel
3

Answer:

In case of any business, data handling and interpreting it is very important and the entire decision making part depends on it. In order to improve his decision-making skills, he needs to apply statistics and analyse each and every data that's available.

If a manager is not aware of the statistical concepts, he misuses the data. This, in turn, affects the decision making the part as well and thereby harms the organisation.

Similar questions