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To make this a reality, it is crucial to go into the conversation armed with these tools: a checklist of the questions you need answered, equipped with linear thinking and being prepared to ask the appropriate open-ended and close-ended questions to get the job done.
The key importance of information is that it allows a business to make informed decisions by presenting data in a way that can be interpreted by management.
The most common kinds of information required for decision-making were business opportunities/competitors, followed by finance, methods of analysis, market, data, suppliers (of raw materials/ products) and innovation/technology.
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