Which of the following statements describes the inherent strength in the quantitative management theory?
A) It provides numerous decision-making tools and techniques.
B) It has realistic assumptions that permit close approximations of organizational processes.
C) It has allowed accurate modeling of individual behaviors and attitudes.
D) It enhances development of other management skills.
E) None of these choices

Question

Quizplus · Accepted Answer

Quantitative management theory is known for offering a variety of mathematical models, statistical methods, and other decision-making tools and techniques that help in solving complex business problems, optimizing decisions, and improving operational efficiency.

Which of the Following Statements Describes the Inherent Strength in the Quantitative