The statement is true; effective planning and control in business heavily rely on relevant information. Without adequate data, companies may struggle in product development, supply chain management, and decision-making. Access to accurate information is essential for operational success.
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The statement is true, as effective planning and control in business are dependent on relevant information. Without this information, companies may face challenges in product development, supply chain management, and decision-making. Accurate data is essential for making informed strategies and achieving operational goals. ;