"With the computing power available today, I'm surprised that the quantitative management approach is not widely used to make management decisions and solve management problems," said Guy. "I believe that there are several explanations for the limited use of quantitative management. For example, ________," replied his manager.
A. many of the decisions managers face are nonroutine and unpredictable
B. managers will use results obtained by quantitative management even if the results are not consistent with the managers' experience, intuition, and judgment
C. all management decisions can be expressed with mathematical symbols and formulas
D. quantitative management is never used in production or quality control
E. all managers have been trained to use quantitative management
Answer: A
You might also like to view...
FasTite Tool Company employs workers, including Gina, at six locations in two states. FasTite's discharge of Gina outside the terms of an implied employment contract may result in? A) FasTite's liability for breach of contract
B) Gina's ineligibility for unemployment compensation. C) the two states' joint assumption of control over FasTite's operations. D) none of the choices.
Which measure of central location is used to determine an average annual percent increase?
A) arithmetic mean B) weighted mean C) geometric mean D) median
Current assets include cash, accounts receivable, inventory, and prepaid items.
Answer the following statement true (T) or false (F)
McDonald's uses detailed standard operating procedures throughout the world to ensure product quality. This implies that McDonald's has a high degree of _____.
A. formalization B. specialization C. decentralization D. hierarchy