Quantitative Theory of Management: Branches, Evaluation and Limitations
After reading this article you will learn about:- 1. Branches of Quantitative Management 2. Evaluation of Quantitative Management 3. Limitations. Branches of Quantitative Management: The branches of quantitative management are: (a) Management Science, (b) Operations Management, and (c) Management Information Systems. (a) Management Science: "Management science is an approach that aims at increasing decision effectiveness through the use of sophisticated [...]