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Mathematical Flashcards | StudBud
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Mathematical
Mathematical
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1
Helps managers to make informed decisions and to improve the efficiency of their operations.
Managements science
Marketing research
Operation research
Financial management
2
It encourages the use of mathematical models to represent complex management problems…
Modeling
Scientific Approach
Quantitative Methods
Measurement and quantification
3
It relies heavily on the use of quantitative methods to analyze and solve management problems.
Measurement and quantification
Quantitative Methods
Modeling
Scientific Approach
4
Frederick Taylor is known as…
The father of the scientific management
The father of the systematic management
Awesome tracher
A great scientists
5
Analyzes consumer behavior, identify market trends, and develop marketing strategies.
Operation research
Financial management
Decision analysis
Marketing research
6
Evaluates different options and to makes informed decisions.
Marketing research
Financial Management
Decision analysis
Operation research
7
Henri Fayol developed a comprehensive theory of management that included…
12 principles of management
16 principles of management
11 principles of management
14 principles of management
8
It emphasizes the use of a scientific approach to management…
Modeling
Quantitative Methods
Measurement and quantification
Scientific Approach
9
Developed the concept of bureaucratic management…
Henri Weber
Frederick Tylor
Henri Faylor
Max Weber
10
The Mathematical School of management emerged in…?
The early 21st century
The early 20th century
1820
The end of the 20th century
11
It emphasizes the importance of measurement and quantification in management.
Modeling
Scientific Approach
Measurement and quantification
Quantitative Methods
12
Evaluates investment opportunities, analyze risk, and forecast financial performance.
Management science
Marketing research
Decision analysis
Financial management
13
Can be used in areas such as inventory management, production planning, and quality control.
Decision analysis
Operation research
Financial research
Management science
