5 Questions
______ is an interdisciplinary study that aims to solve complex problems and make strategic decisions as it pertains to institutions, corporations, governments, and other types of organizational entities.
Management science
Management science is closely related to management, economics, business, engineering, ______, and other fields.
management consulting
Management science uses various scientific research-based principles, strategies, and analytical methods including ______, statistics, and numerical algorithms.
mathematical modeling
Management science aims to improve an organization's ability to enact rational and accurate management decisions by arriving at ______ or near ______ solutions to complex decision problems.
optimal
The field of management science was initially an outgrowth of applied mathematics, where early challenges were problems relating to the optimization of ______ which could be modeled linearly.
systems
Test your knowledge of management science and its applications in solving complex problems and making strategic decisions. This quiz covers topics such as management, economics, business, engineering, and management consulting. Challenge yourself and explore the interdisciplinary nature of this field!
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
