The Use of Quantitative Management Is Limited Because

question 1

Multiple Choice

The use of quantitative management is limited because

• A) it is difficult to discontinue the use of this process once it has been established.
• B) many of the decisions managers face are nonroutine and unpredictable.
• C) managers are oriented more toward things than toward people.
• D) it holds that all aspects of a management decision should mandatorily be expressed through mathematical symbols and formulas.
• E) it believes that economic needs have precedence over social needs.

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Definitions:

Ratification

The action of officially approving or confirming a previous act or decision, which was made without authorization or was otherwise questionable, to make it legally valid.

Voidable Contract

A contract that remains valid until one party, who is entitled to do so because of a defect in the contract formation, chooses to void it.

Mixed Message

A communication that contains conflicting or contradictory information, leading to confusion or misunderstanding.

Rescission

The cancellation of a contract, returning all parties involved to their states prior to the contract's execution.