Which of the Following Statements Accurately Describe Quantitative Approaches to Management

question 85

Multiple Choice

Which of the following statements accurately describe quantitative approaches to management?

• A) Quantitative approaches are increasingly driven by computer technology.
• B) Quantitative approaches are based on the assumption that mathematical techniques can be used to improve managerial problem solving.
• C) Quantitative approaches to management developed about the same time as human resource approaches to management.
• D) All of the options listed statements accurately describe quantitative approaches to management.
• E) None of the options listed statements accurately describes quantitative approaches to management.

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Definitions:

Descriptive Statistics

Statistical techniques that describe or summarize a set of data, including measures of central tendency and measures of variability.

COUNTIF(range,criteria)

A function in spreadsheet software that counts the number of cells within a range that meet a specified condition.

Specified Criteria

Pre-determined standards or conditions that must be met or complied with.