Management Science Overview

To maximize profits for businesses

To minimize costs for businesses

To optimize marketing strategies

To improve an organization's ability to make rational and accurate management decisions (correct)

Psychology, sociology, and anthropology

Art, literature, and music

Economics, business, and engineering (correct)

Medicine, law, and architecture

Market research and consumer behavior analysis

Financial forecasting and risk assessment

Optimization of systems that could be modeled linearly (correct)

Product development and innovation

<p>Mathematical modeling, statistics, and numerical algorithms</p> Signup and view all the answers

<p>A diverse range of managerial and organizational activity as it regards to a problem structured in mathematical or other quantitative form</p> Signup and view all the answers