Final answer:
Organizations may limit the use of Quantitative Management since qualitative assessments are crucial in social sciences to understand complex human behaviors. With regard to environmental protection, a balance must be achieved between benefits and marginal costs. Additionally, for established firms, the wide availability of quantitative data about a firm's performance reduces the reliance on personal knowledge of managers.
Step-by-step explanation:
Organizations may choose a limited use of Quantitative Management for a variety of reasons. One significant factor is that in the social sciences, which study society and human behavior, qualitative assessments are often more appropriate to drive investigations and findings since they consider the complexity and nuances of human actions and social interactions, which quantitative data may not fully capture.
Moreover, when addressing issues like environmental protection, there is a point, symbolized as Qb, where it might be more effective to apply market-oriented environmental tools rather than rigid regulations. The idea is to balance the environmental benefits with the marginal costs, ensuring that the protection provided does not result in expenses that outweigh the benefits, which can be a disadvantage of quantitative-only approaches.
Finally, for established firms approaching profitability, the influx of information available about a company's products, revenues, costs, and profits makes the personal knowledge of individual managers less crucial. As detailed information becomes accessible to investors like bondholders and shareholders, these investors are more willing to provide financial capital, highlighting a scenario where extensive quantitative data availability lessens the need for qualitative managerial assessments.