Question: When would you be willing to spend money to develop new information to support a business decision? When there is a lot at risk in

When would you be willing to spend money to develop new information to support a business decision?
When there is a lot at risk in making the decision.
All of these are reasons to spend money to develop new information to support a decision.
When there is a high level of uncertainty about alternative outcomes.
When the information you develop is better than guessing.
When the expected value of the decision increases with better information.
When would you be willing to spend money to develop new

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