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
... Identification of Source of Problem In the Human Services you will be able to use both quantitative and qualitative approaches for you must rely on ...
... B, they reduce subjectivity 8. The quantitative analysis approach requires A ... The limits of the problem and the degree to which it pervades other units ...
... of time reflecting upon your relative comfort with creativity/divergence thinking versus a more quantitative/convergent analytical approach to problem solving. ...
... 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 ...
... Qualitative research is a vastly different approach to problem solving than is quantitative research. The primary difference is in how a problem is approached. ...
... Another problem with trying to explain the reliability ... researchers use the nomothetic approach to study ... questionnaires to gather their quantitative data, and ...
... In terms of quantitative research approaches, it also has numerous advantages. ... It offers an inquiry approach as it assesses an identified problem. ...
Quantitative approaches: Transportation, Assignment, and Transshipment problems 2. ... b. Formulate the appropriate linear programming problem c. Solve for the ...
... techniques-decision-making.php) "Quantitative models are ... trial and error meaning various approaches are attempted, then choosing the best approach. ...
... process as well as the approaches to decision making which include an intuitive and systematic approach. ... that utilizes qualitative and quantitative measures of ...
