The Quantitative Approach to Management Has Also Been Referred to by Which

question 67

Multiple Choice

The quantitative approach to management has also been referred to by which of the following names?

• A) sales optimization
• B) managerial theory
• C) management science
• D) statistical reformulation

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Definitions:

Organization Earn

The income generated by a business or entity from its operational and non-operational activities.

Legal-political Conditions

The framework of legal regulations and political factors that shape the operational environment of businesses and organizations.

Global Business

Business activities that cross national borders, involving transactions of goods, services, or resources between parties in different countries.

Labour Costs

The total sum of all financial remunerations and benefits given to employees in exchange for their work.