Whois & Analysis for plansponsor.com

Information is that which informs.

In other words, it is the answer to a question of some kind.

It is thus related to data and knowledge, as data represents values attributed to parameters, and knowledge signifies understanding of real things or abstract concepts.

As it regards data, the information's existence is not necessarily coupled to an observer (it exists beyond an event horizon, for example), while in the case of knowledge, the information requires a cognitive observer.

This article deals with decision-making as analyzed in psychology.

See also Decision theory.

In psychology, decision-making is regarded as the cognitive process resulting in the selection of a belief or a course of action among several alternative possibilities.

Every decision-making process produces a final choice; it may or may not prompt action.

Decision-making is the process of identifying and choosing alternatives based on the values and preferences of the decision-maker.

Insight is the understanding of a specific cause and effect in a specific context.

The term insight can have several related meanings:

Planning (also called forethought) is the process of thinking about and organizing the activities required to achieve a desired goal.

It involves the creation and maintenance of a plan, such as psychological aspects that require conceptual skills.

There are even a couple of tests to measure someone’s capability of planning well.

As such, planning is a fundamental property of intelligent behavior.

A resource is a source or supply from which benefit is produced.

Resources are two types based upon their availability they are renewable and non renewable resources.

Typically resources are materials, energy, services, staff, knowledge, or other assets that are transformed to produce benefit and in the process may be consumed or made unavailable.

Benefits of resource utilization may include increased wealth or wants, proper functioning of a system, or enhanced well being.

From a human perspective a natural resource is anything obtained from the environment to satisfy human needs and wants.

From a broader biological or ecological perspective a resource satisfies the needs of a living organism (see biological resource).