True or False: If the cost of the research effort exceeds the estimated benefit of the decision, research is most likely warranted. True False

False! If the cost of the research effort exceeds the estimated benefit of the decision, it usually means that you might be throwing good money after bad. Research should ideally provide valuable insights that outweigh the cost. So, always consider the cost-benefit ratio before investing time and resources into research! It's also important to remember that failing to conduct research when needed can lead to costly mistakes down the road. A well-planned research effort can save you from poor decisions that may impact your organization or project significantly. Balancing cost and benefit is key to decision-making!