Which contemporary approach to management has been used in a limited manner because many aspects of a management decision cannot be expressed through mathematical symbols and formulas?
A) Organizational behavior
B) Systematic management
C) Quantitative management
D) Human relations
E) Administrative management

Question

Quizplus · Accepted Answer

Quantitative management relies heavily on mathematical models and statistical analysis to inform decision-making. While this approach has its benefits, there are many aspects of management that cannot be quantified or reduced to formulas, such as intuition, creativity, and interpersonal relationships. Therefore, this approach has limitations and cannot be relied upon exclusively for all management decisions.

Which Contemporary Approach to Management Has Been Used in a Limited