answersLogoWhite

0


Best Answer

Quantitative techniques provide managers with concrete evidence and information, which allows them to make better decisions. Without quantitative techniques, managers would guess and risk assets of the business.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Importance of quantitative techniques
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are the importance of quantitative methods in decision making?

what are the importance of quantitative techniques in managerial dicision making


What is the Importance of quantitative techniques in geography?

significance of quantitative technique in Geography


Importance of quantitative techniques in business?

Quantitative techniques allow businesses to measure results. With quantitative techniques businesses can know where they stand within their industry against their competition.


Discuss the importance of quantitative techniques in modern business?

application of quatitative techeniques in business


What are the roles of quantitative techniques in marketing of goods and services?

the roles of quantitative techniques in the marketing of goods and services


Definition of quantitative techniques?

According to one definition, quantitative procedures are those that give decision-makers a powerful and organized way to analyze quantitative data. The management uses this scientific approach to problem-solve and make decisions.


SMU BBA Sem 2 some sample question of Quantitative Techniques in Management?

Quantitative Techniques in Business solved question


What are the quantitative techniques?

The quantitative techniques are basic computations that are used in science. The two main categories are hypothesis tests and interval estimations.


What are the roles of quantitative techniques in marketing of goods?

What are the roles of quantitative techniques in marketing of goods?Read more: http://wiki.answers.com/What_are_the_roles_of_quantitative_techniques_in_marketing_of_goods#ixzz2C8TN2fVr


What are the advantages of quantitative techniques?

Collection of Data


Importance of conciseness in your life?

Quantitative techniques in decision-making helps managers make decisions that are best for the organization. With numbers supporting decisions, managers can get the support of top management.


What is the importance of the level of significance of study findings in a quantitative research report?

What is the importance of the level of significance of study findings in a quantitative research report