Quantitative technique is primarily and unconditional focus on directing management on courses of action towards achieving organisationsl objective ?
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Feb 14
No, this statement is not accurate. Quantitative techniques are tools and methods used to analyze and interpret numerical data in order to make informed decisions. They are not primarily focused on directing management on courses of action towards achieving organizational objectives. Quantitative techniques can be used in various areas such as finance, operations research, marketing, and statistics to support decision-making processes, but they are not the sole focus of management or the only factor in achieving organizational objectives. Management also considers qualitative factors, strategic planning, and other non-quantitative aspects when making decisions.