Does access to information help you make better decisions?

2. What types of information can help you stick to a budget, better schedule your time, or improve your physical health?

3. What are your top 5 most used apps on your phone?

 

Management MATTERS There's an app for that, too On a large scale, computer applications can instantaneously track everything in a busi- ness from the hourly production of oil wells to the sales of specific colors of sweaters in each store of a worldwide retail business. At any time, managers can access that infor- mation to make production decisions and update sales forecasts. In the same way, cell phone users can track minutes used, text messages sent, or amount of data downloaded by their phone. Some plans require users to pay for each service while others set limits and charge cus- tomers when they exceed their plan. Some plans allow users to check their usage online or directly on their phones. The information can be used in controlling expenses. Know- ing the current status of your account can help you make better decisions on whether to send a text message to all your friends or download a new song. What Do You Think? Does access to informa- tion help you make better decisions? What types of information can help you stick to a budget, better schedule your time, or improve your physical health?