Which approach of the evolution of management thought attempted to explain the real issues facing managers and provide managers with tools to solve future problems?

Answers

Answer 1

The correct answer to this open question is the following.

Although there are no options attached, we can say the following.

The approach of the evolution of management thought attempted to explain the real issues facing managers and provide managers with tools to solve future problems is the quantitative approach to management.

This is correct because this management approach uses techniques that have quantitative advantages in the tools it uses. For instance, it includes numbers, statistics, mathematics models, and even some simulations for computer software that have helped managers and companies to make better decisions based on facts, numbers, probabilities, and forecasts, not only qualitative approaches.

In the corporate world, numbers can be trusted. That is why managers have to be constantly monitoring numbers in different ways to make forecasts and make the best decisions possible in an uncertain business world that faces many variants.


Related Questions

Even though personal selling is the most expensive method of communication on a per-person-reached basis, businesses continue to use personal selling because of advantages in:

Answers

Answer:

flexibility and control

Explanation:

Personal selling can be regarded as a way whereby Businesses utilize the action of sales force to get their products sold when there is a face-to-face contact with the customer. The product is promoted by the seller as a result of the seller's knowledge base a specialist, attitude as well as his appearance. They convince the customers.

Frederick works in a local government for a certain city. One his primary responsibilities is to check whether the city’s contracts, bids, and tax reports meet certain specific guidelines. Which government career role does Frederick perform.

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Answer: B - City administrator

Explanation: took the plato test

An economic principle states that the lower the price of a product, the greater the quantity consumers will wish to purchase. This principle is based on the critical assumption that

Answers

The law of demand is a fundamental principle of economics which states that at a higher price consumers will demand a lower quantity of a good.
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