I need help in understanding this question and management approach. Please see attached.
Suppose you have just been hired by a small firm. After being on the job for a few weeks, you realize that most problem solving is done on an informal basis - quantitative models are not being used. You share your reservations about this with your manager, and after a certain amount of discussion, your manager asks you to outline your reasoning on why the firm should adopt a more quantitative approach to problem solving. What would the main points of your response be?
I am giving my thoughts below in relation to your requirement. I hope you find it satisfactory.
1. The quantitative approach would make the decision making more objective. The figures can be checked and verified and so that would help objectivity in decision making. A subjective decision making is not good since the decision is influenced by the person ...
Solution Summary
The solution explains why a quantitative approach to problem solving be adopted
... alpha for each scale exceeded or approached the .70 ... Compare and contrast the approaches in terms of ... study was conducted using a quantitative approach in which ...
Quantitative approaches: Transportation, Assignment, and Transshipment problems 2. ... b. Formulate the appropriate linear programming problem c. Solve for the ...
... process as well as the approaches to decision making which include an intuitive and systematic approach. ... that utilizes qualitative and quantitative measures of ...
... means designing and approaching that particular ... into 2 main approaches - quantitative research - one that ... research effort - a quantitative approach to measure ...
... may utilise qualitative and quantitative data collection ... However, a mixed methods approach provides the ... as central and applies all approaches to understanding ...
... on the idea that the use of quantitative and qualitative approaches in combination ... a better understanding of research problems than either approach alone. ...
... Mixed methods approaches consists of collecting both qualitative ... example of a Mixed Methods approach: Based on ... Data from the quantitative perspective will be ...
... by using different data sources to approach a research ... studies stay within a quantitative paradigm but ... what works," using diverse approaches, giving primacy to ...
... journal articles) that support your quantitative research design. ... for a solution to his or her problem. ... perspective, he based his counseling approach upon the ...
