In your own words, describe how information reduces risk when you make a personal or work-related decision.

Description on how information reduces risk when you make a personal or work-related decision

• Since information is the completion and the presentation of certain data for meaning purpose, it thus a resource for an employer like manager to operate and run a business.
• In information and decision making ,managers tries to make a better and a meaningful decisions with availability of information and thus allows individuals to analyze risks and opportunities which can be encountered while taking a decision .Thus it helps to evaluate a situation from different perspective .
• Thus relevant information helps in the reduction of dilemma and brings a clear picture about the matter and also any decision made with information is unfair and thus being a gamble .Thus such decisions should be always an informed one .
• Thus the more information result to less risk and brings better decision and also less information result to high risk and poor decisions .