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TESDA – Security Services NCII

Turn IN No. 6: DEFINE RELEVANT INFORMATION, GIVE EXAMPLES AND EXPLAIN EACH
USES IN PROBLEM SOLVING.

Relevant information refers to data or facts that are directly related to a problem or decision at hand.
Relevant information helps decision-makers to make informed choices by providing the necessary
insights to solve problems effectively. Here are some examples of relevant information:

1. Financial information: Financial data, such as revenue, expenses, profits, and cash flows, are
critical to making informed business decisions. For instance, when considering whether to invest
in a project, decision-makers will need to know the cost of the project, potential revenue, and
expected return on investment.
2. Market data: Market data, including consumer trends, competitor analysis, and industry
statistics, is essential in making informed business decisions. For example, when considering
launching a new product, decision-makers will need to know the size of the target market,
consumer preferences, and competitive landscape.
3. Customer feedback: Feedback from customers can provide valuable insights into improving
products or services. It helps to identify pain points and areas of improvement. Customer
feedback can be collected through surveys, social media, or customer service interactions.
4. Performance metrics: Performance metrics, such as productivity, quality, and efficiency, are
important in tracking progress towards goals. They help to identify areas where improvements
can be made, and adjustments can be made to enhance performance.

Uses in problem-solving:

a. Identify the problem: Relevant information helps to identify the problem by providing insights
into the root cause of the issue. It enables decision-makers to determine the scope of the problem
and define the necessary steps to solve it.
b. Develop solutions: Relevant information helps to develop solutions by providing insights into
the potential outcomes of various options. Decision-makers can use the data to evaluate the
feasibility of each option and choose the best solution.
c. Evaluate results: Relevant information helps to evaluate the results of problem-solving efforts
by providing data on the success or failure of the solutions implemented. It helps decision-

Student: Bernard F. Alegasin


TESDA – Security Services NCII

makers to determine if adjustments are necessary to improve performance and achieve desired
outcomes.

In summary, relevant information is essential in problem-solving. It helps decision-makers to make


informed choices by providing the necessary insights to identify problems, develop solutions, and
evaluate results.

Student: Bernard F. Alegasin

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