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Questions and Answers
Which term is used interchangeably with management science and operations research?
Which term is used interchangeably with management science and operations research?
- Decision science (correct)
- Scientific analysis
- Quantitative methods
- Business decision making
What is the main focus of management science?
What is the main focus of management science?
- Qualitative analysis
- Scientific method (correct)
- Complex problem solving
- Business decision making
What are quantitative techniques used for in business?
What are quantitative techniques used for in business?
- Scientific method
- Complex problem solving
- Effective decision making (correct)
- Qualitative analysis
What are some other names for the body of knowledge involving quantitative approaches to decision making?
What are some other names for the body of knowledge involving quantitative approaches to decision making?
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What were older books using instead of management science?
What were older books using instead of management science?
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Study Notes
Management Science and Operations Research
- Operations research is used interchangeably with management science.
Focus of Management Science
- The main focus of management science is on applying quantitative techniques to decision-making.
Quantitative Techniques in Business
- Quantitative techniques are used in business to analyze and solve problems.
Alternative Names for Management Science
- Some other names for the body of knowledge involving quantitative approaches to decision making are operations research and decision science.
Historical Context
- Older books used the terms "operations research" and "decision science" instead of management science.
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