The Field of Management Science

question 24

Multiple Choice

The field of management science

• A)concentrates on the use of quantitative methods to assist in decision making.
• B)approaches decision making rationally, with techniques based on the scientific method.
• C)is another name for decision science and for operations research.
• D)each of the above is true.

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Definitions:

Cash Dividend

A cash dividend is a payment made by a company out of its earnings to shareholders, usually in the form of cash.

Stock Dividend

A dividend payment made to shareholders in the form of additional company shares rather than cash.

Retained Earnings

Profits that a company has earned to date, less any dividends or other distributions paid to shareholders, often reinvested in the business.

Restricted

Restricted typically refers to assets or securities that are not freely tradable or accessible due to regulations or specific conditions.