Why is screening valuable for businesses?

Screening is valuable for businesses because it facilitates informed decision-making by allowing businesses to gather and analyze relevant information about various options, such as suppliers, customers, or candidates for employment. This process helps companies to better assess risks and benefits associated with each choice, which ultimately leads to more effective strategies and outcomes.

By utilizing screening methods, a business can filter through potential options to find the most suitable candidates or partners. This could include evaluating the qualifications and track records of job applicants, assessing the reliability and cost-effectiveness of suppliers, or understanding customer preferences. Essentially, screening enhances the decision-making process by ensuring that businesses rely on data and analysis rather than assumptions or incomplete information.

The other options do not capture the essence of why screening is particularly valuable:

• Reducing the number of potential customers does not necessarily lead to better outcomes; businesses often seek to expand their customer base.

• Identifying low-cost suppliers might be a component of screening but does not encompass the broader value that informed decision-making provides.

• Guaranteeing complete access to competitor information is not realistic, as competitive intelligence is often incomplete and involves ethical considerations regarding privacy and information gathering.

In summary, the core benefit of screening lies in its capacity to improve decision-making through a comprehensive evaluation of available