INTRODUCTION TO MANAGEMENT SCIENCE QUESTIONS
WITH 100% CORRECT VERIFIED ANSWERS UPDATED
2026/2027 BEST GRADED A+ FOR PASS
Management Science
An approach to decision making based on the scientific method
Management Science
Makes extensive use of analytical methods and quantitative
techniques to support decision making.
Management Science
Also known as "Operations research", "Decision science", and most
recently, "Business analytics"
Qualitative
Subjective by nature
• Rely on information that is not easily measurable
• Difficult to express in numbers, eg: feedback from customers
• Analysis on information from interview transcripts, and have to use
judgment and
experience in making decisions
• Wide-ranging/Broad focus: Results are often ambiguous but may
contain additional
information
Quantitative
• Objective by nature
• Relies on statistical methods and mathematical evaluations
• Provide a numerical basis for decision making
, INTRODUCTION TO MANAGEMENT SCIENCE QUESTIONS
WITH 100% CORRECT VERIFIED ANSWERS UPDATED
2026/2027 BEST GRADED A+ FOR PASS
• Can be expressed using numbers, eg: # of complaints
• Limited/Narrow focus: Results tend to be decisive and does not
include extra
information
Personal
Cannot ordinarily be delegated to others
Organizational
Can often, if not always, be delegated to others
Routine
Everyday highly repetitive management decisions which by themselves
may have little impact on the overall organization
Non-Routine
Unique, Most top management policy decisions, one time decisions
involving long-range commitments of relative performance or duration,
or those involving large investments
Programmed
routine/repetitive decisions handled through standard
operating procedures
Non-Programmed
unique/one-shot decisions which must be made by
managers using available information and their own judgment
WITH 100% CORRECT VERIFIED ANSWERS UPDATED
2026/2027 BEST GRADED A+ FOR PASS
Management Science
An approach to decision making based on the scientific method
Management Science
Makes extensive use of analytical methods and quantitative
techniques to support decision making.
Management Science
Also known as "Operations research", "Decision science", and most
recently, "Business analytics"
Qualitative
Subjective by nature
• Rely on information that is not easily measurable
• Difficult to express in numbers, eg: feedback from customers
• Analysis on information from interview transcripts, and have to use
judgment and
experience in making decisions
• Wide-ranging/Broad focus: Results are often ambiguous but may
contain additional
information
Quantitative
• Objective by nature
• Relies on statistical methods and mathematical evaluations
• Provide a numerical basis for decision making
, INTRODUCTION TO MANAGEMENT SCIENCE QUESTIONS
WITH 100% CORRECT VERIFIED ANSWERS UPDATED
2026/2027 BEST GRADED A+ FOR PASS
• Can be expressed using numbers, eg: # of complaints
• Limited/Narrow focus: Results tend to be decisive and does not
include extra
information
Personal
Cannot ordinarily be delegated to others
Organizational
Can often, if not always, be delegated to others
Routine
Everyday highly repetitive management decisions which by themselves
may have little impact on the overall organization
Non-Routine
Unique, Most top management policy decisions, one time decisions
involving long-range commitments of relative performance or duration,
or those involving large investments
Programmed
routine/repetitive decisions handled through standard
operating procedures
Non-Programmed
unique/one-shot decisions which must be made by
managers using available information and their own judgment
