Managers do not need to be familiar with the limitations, assumptions, and/or specific applicability of the quantitative analysis technique to use it for accurate decision making.

Question

Quizplus · Accepted Answer

Managers should understand the limitations, assumptions, and specific applicability of the quantitative analysis technique to effectively use it for decision making. Ignoring these factors can lead to inaccurate and unreliable results.

Managers Do Not Need to Be Familiar with the Limitations