What does the term "bureaucracy" signify in organizational management?
a) Lack of structure and order
b) Informal organization
c) Highly structured and organized entity
d) Decentralized decision-making
Explanation: In organizational management, "bureaucracy" refers to a highly structured and organized entity with clear rules and regulations.
What is the primary focus of the quantitative approach to management?
a) Decision-making
b) Problem-solving
c) Strategic planning
d) Communication
Explanation: The quantitative approach aims to assist managers in solving complex organizational problems.
Which of the following is NOT a mathematical or statistical technique associated with the quantitative approach?
a) Time Series Analysis
b) Break-Even Analysis
c) SWOT Analysis
d) Linear Programming
Explanation: SWOT Analysis is a strategic management tool and is not directly related to mathematical or statistical techniques.
How does the quantitative approach utilize computer technology?
a) For making decisions related organization
b) For efficient application of techniques
c) For strategic planning
d) For communication purposes
Explanation: Computer technology is often used to apply quantitative techniques efficiently and effectively.
What advantage does the quantitative approach offer in terms of efficiency?
a) Quick decision-making
b) Quick problem-solving
c) Quick communication
d) Quick strategic planning
Explanation: The quantitative approach can help find solutions quickly, especially for complex issues.
