Question

What are the branches of quantitative management?

1) Administrative management
2) Operations management
3) Evidence-based management
4) Behavioral science

Answer 1

The branches of quantitative management include administrative management, operations management, evidence-based management, and behavioral science.

Step-by-step explanation:

The branches of quantitative management include:

1. Administrative management: This branch focuses on the decision-making and planning processes within an organization. It uses quantitative methods to analyze data and make informed decisions.
2. Operations management: This branch focuses on optimizing production processes and improving efficiency. It uses quantitative tools such as statistical analysis and mathematical modeling to make data-driven decisions.
3. Evidence-based management: This branch emphasizes the use of empirical evidence and quantitative data to make informed management decisions. It involves analyzing relevant data and research findings to support decision-making.
4. Behavioral science: This branch combines quantitative methods with insights from psychology and sociology to understand and manage human behavior in organizational settings.