
An Introduction to Management Science 13th Edition by David Anderson,Dennis Sweeney ,Thomas Williams ,Jeffrey Camm, Kipp Martin
Edition 13ISBN: 978-1439043271
An Introduction to Management Science 13th Edition by David Anderson,Dennis Sweeney ,Thomas Williams ,Jeffrey Camm, Kipp Martin
Edition 13ISBN: 978-1439043271 Exercise 1
Discuss the different roles played by the quantitative approaches to managerial decision making. Why is it important for a manager or decision maker to have a good understanding of both of these approaches to decision making?
Explanation
The different roles played by qualitative and quantitative analysis are described below:
For improved decision making, both quantitative and qualitative analysis would be helpful. Therefore, a manager should have a good understanding of both the approaches.
For improved decision making, both quantitative and qualitative analysis would be helpful. Therefore, a manager should have a good understanding of both the approaches.An Introduction to Management Science 13th Edition by David Anderson,Dennis Sweeney ,Thomas Williams ,Jeffrey Camm, Kipp Martin
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