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Managers Should Most Often Rely on Quantitative Techniques for Important

question 70

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Managers should most often rely on quantitative techniques for important decisions since quantitative approaches result in more accurate decisions.


Definitions:

Organizational Chart

A diagram that shows the structure of an organization and the relationships and relative ranks of its parts and positions/jobs.

Formal Communication Network

An organized system of channels and pathways for the exchange of information within an organization following official protocols.

Organizational Charts

Diagrams that depict the structure of an organization, including the relationships and relative ranks of its parts and positions/jobs.

Horizontal Communication

The exchange of information, ideas, and messages between individuals or groups at the same level in an organization.

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