Podcast
Questions and Answers
What is another name for Management Science?
What is another name for Management Science?
- Strategic Management
- Business Administration
- Human Resource Management
- Operations Research (correct)
Who is considered the founder of Management Science?
Who is considered the founder of Management Science?
- Frederick W. Taylor (correct)
- Douglas McGregor
- Elton Mayo
- Peter Drucker
During which period did Management Science start to flourish?
During which period did Management Science start to flourish?
- World War II period (correct)
- Industrial Revolution period
- Renaissance period
- Great Depression period
What methodological development contributed to the flourishing of Management Science?
What methodological development contributed to the flourishing of Management Science?
Which step of problem-solving involves evaluating different options based on criteria such as salary, potential for advancement, and job location?
Which step of problem-solving involves evaluating different options based on criteria such as salary, potential for advancement, and job location?
Flashcards
What is Management Science?
What is Management Science?
Also known as Operations Research, it applies scientific methods to improve decision-making.
Who is Frederick W. Taylor?
Who is Frederick W. Taylor?
Considered the founder of Management Science due to his focus on efficiency and scientific methods.
When did Management Science flourish?
When did Management Science flourish?
Management Science flourished during this time due to the need for optimizing military operations and resource allocation.
What is the Simplex Method?
What is the Simplex Method?
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What is Step 3 in Problem-Solving?
What is Step 3 in Problem-Solving?
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Study Notes
Management Science
- Management Science is also known as Operations Research
- The founder of Management Science is Frederick W. Taylor
- Management Science started to flourish during the post-World War II period
- The methodological development that contributed to the flourishing of Management Science was the development of mathematical modeling and computer simulation
Problem-Solving
- Evaluating involves evaluating different options based on criteria such as salary, potential for advancement, and job location
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