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abhaya nakade
on Oct 23, 2024

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Which of the following statements accurately describe quantitative management approaches?

A) Quantitative management approaches developed about the same time as human resource approaches to management.
B) Quantitative approaches are based on the assumption that mathematical techniques can be used to improve managerial problem solving.
C) Quantitative approaches are increasingly driven by computer technology.
D) All of the above statements accurately describe quantitative management approaches.
E) None of the above statements accurately describe quantitative management approaches.

Quantitative Management

An approach to management that focuses on statistical and mathematical models to solve business problems and make decisions.

Mathematical Techniques

Methods or procedures derived from mathematical principles used to solve problems or analyze data.

Human Resource

The department within an organization that deals with the recruitment, management, and development of employees.

  • Acknowledge the employment and rewards of quantitative management strategies in tackling business dilemmas.
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Eduardo SifuentesOct 25, 2024
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