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Which approach do you think should be relied on more heavily for strategy formulation-the quantitative or qualitative approach?
The quantitative approach
What is quantitative approach?
A quantitative approach is always dealing with a quantity or numbers of some sort to prove a point. With the use of quantitative approach we improve our decision making power. It is especially useful in planning and control.
Quantitative approach in decision making?
answer question introduction to management science quantitative approaches to decision making
Which approach do you think should be relied on more heavily for strategy formulation quantitive or qualitative?
The quantitative approach
The approach to decision making that identifies candidates with the highest scores based on quantitative predictors is the?
Statistical Approach
What you call the combination of quantitative and qualitative appreach?
integrative or elective approach
What has the author R Nelson Smith written?
R. Nelson Smith has written: 'Chemistry; a quantitative approach' -- subject(s): Analytic Chemistry, Chemistry, Quantitative
Does 7-Eleven have RedBox?
Yes, 7-Eleven has a RedBox DVD Kiosk. The RedBox machine at 7-Eleven stores are usually outside the store. Visit RedBox.com for locations of RedBox. .7-Eleven.com for locations of 7-Eleven.
How quantitative approach is useful in Mcdonalds?
It can hep to predict the sales of the corporations. It can help to get a feedback to consumers.
What is difference between ordinal approach and cardinal approach?
In consumer behavior, the satisfaction that consumers get by consuming commodities is utility. A cardinalist thinks that utility can be measured, quantified, and expressed in quantitative terms. An ordinalist thinks that you cannot measure utility in quantitative terms.
Where do you get 7 eleven hats on rumble fighter?
It was an event to get 7 eleven hats and shirts.
What are the limitations of quantitative theory of management?
the main limitation of the quantitative approach is that many management problems especially those that involves human behaviour cannot be solved mathematically and can not be modeled
