When using quantitative methods, a manager should also take all of the following supplementary steps EXCEPT:
A) Conduct a sensitivity analysis
B) Analyze large residuals
C) Lay utmost stress on precision
D) Accept that "turning points" will often be missed
E) Be tolerant of errors

Question

Quizplus · Accepted Answer

Laying utmost stress on precision is not advisable because quantitative methods, while useful, have limitations and cannot always predict outcomes with absolute precision. It's important to understand and accept the inherent uncertainties and potential errors in quantitative analysis.

When Using Quantitative Methods, a Manager Should Also Take All