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:

Uniformly Distributed

Describes a type of distribution where all outcomes are equally likely over a specific interval.

Assembling Product

The process of putting together various components or parts to create a finished product ready for use or sale.

Uniformly Distributed

Uniformly distributed indicates that all outcomes in a data set or probability distribution have the same or nearly equal chance of occurring.

Standard Deviation

A tool to determine the degree of difference or dispersion within a batch of data.