Which of the Following Statements Is True for the Management

question 84

Multiple Choice

Which of the following statements is true for the management science approach?

• A) It is only suitable for management problems with a small number of variables.
• B) The use of behavioral models to investigate the decision situation is typical in management science applications.
• C) Management science techniques are not suited for analyzing quantifiable factors.
• D) Management science techniques decrease the effectiveness of managers in decision making.
• E) Management science applications generally use economic implications as guidelines for making a particular decision.

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Definitions:

Deductive Steps

Logical steps that follow from one to another with certainty, often used in mathematical proofs and logical reasoning.

Inductive Steps

The process in inductive reasoning or mathematical proof where generalizations are made based on specific instances or patterns.

Argument

A set of statements wherein one or more of the statements (premises) are claimed to provide support for, or reasons to believe, one of the others (the conclusion).

Proposition

A statement or assertion that expresses a judgement or opinion, which can be true or false.