1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sauron [17]
3 years ago
12

What is the significance of operation research in modern management?​

Business
1 answer:
Alex17521 [72]3 years ago
4 0

Answer:

Operations research is an important method that is used by modern management for solving complex problems under uncertain conditions. Operation research is used in business where the managers need to take risk since there are very few things are certain.

hope it helps!!

please mark as the brainliest!!

You might be interested in
Which one of the following is something to look for in identifying a company's culture? A. the atmosphere, spirit and character
Tju [1.3M]

Answer:

A. the atmosphere, spirit and character that pervades the work climate and the values, business principles, and ethical standards that management preaches and practices

Explanation:

Culture is the normally acceptable social behaviour that is expected from someone in a group. It includes beliefs, knowledge, art, law, capabilities, and habits of the group.

The process by which the culture of a group is imbibed is through learning and socialisation.

The norm of a group is the acceptable way one is expected to behave in the group. Like the way one dresses and language.

A company's culture is expressed in the spirit and character that pervades the work climate and the values, business principles, and ethical standards that management preaches and practices.

6 0
3 years ago
When Whitney took over her father's sporting goods store, she evaluated some of her father's vendor relationships. She found tha
kolezko [41]

Answer:

The answer is D. Open communication is key in building lasting relationships whether in business or in personal relationships.

Explanation:

For two companies to maintain a strategic relationship, there must be open communication.  Whitney displayed correct understanding of this ingredient for strategic relationships.

That was why she was open enough to work out a more amicable relationship with Rodney.  She discussed her sales goals and new ideas for the business.  On Rodney's part, he showed no interest.  He was not ready to discuss his own sales goals.

Rodney lost a golden opportunity offered by Whitney by opening up communication.  He should have embraced the chance to bring up his concerns and discuss his goals openly, unless he is hiding something.  He could be deliberately overcharging on price.  These comments remain mere guesses as Rodney failed to open up.

7 0
3 years ago
Recommend four ways to deal with complainer in the work place
d1i1m1o1n [39]
There can be a lot of ways. But here are 4 of it.
- Talk to the person and try to compromise to his complains.
- Give him or her the chance to hold accountability.
- Boost his or her confidence to be able to stand up next time on his own.
- Do not be too much available for them to depend.
4 0
3 years ago
Net income computed under absorption costing will be: higher than net income under variable costing when units produced are grea
nordsb [41]

Answer:

higher than net income computed under variable costing when units produced are greater than units sold

Explanation:

Absorption costing and variable costing techniques are used to compute the accounting cost of various operation. The calculation procedures of both the techniques are different; that is why the results are different. The net income under absorption costing is higher because it takes into account the indirect expenses and indirect costs. Likewise, absorption costing technique also includes manufacturing or overhead cost.

4 0
3 years ago
An attractive industry is one that is characterized by high entry barriers, suppliers and buyers with strong bargaining power, l
lord [1]

Answer:

False.

Explanation:

An attractive industry are not one that is characterized by high entry barriers, suppliers and buyers with strong bargaining power, low threats from substitute products, and low rivalry among firms.

An industry is defined by a group of firm that produce good and service, which are close subtitute and bargaining power of supplier are not considered as entry barrier to a firm in the open market. Industry with high fixed cost can pose high degree of rivalry among firm.

5 0
3 years ago
Other questions:
  • Fowler credit bank is offering 6.9 percent compounded daily on its savings accounts. you deposit $5,300 today. how much will you
    12·1 answer
  • Because of the adverse selection problem loading...​:
    5·1 answer
  • The average cost of production for a bottle of vitamin water in the industry is $4 while its average price is $7. StoreAll Inc.
    8·1 answer
  • You just won a lottery prize of $95,000. While you plan to use some of the sum to pay off your student loans, you would like to
    8·2 answers
  • Big Kahuna Burger has the following assembly line: How many burgers can they make per hour with one person at each station? If y
    10·1 answer
  • Hope is desperate for the new designer purse that she saw while window shopping at her local mall. She knew every girl in school
    15·1 answer
  • Convenience samples are useful for pilot studies, for testing the reliability of measures to be used in a larger study, for deve
    13·1 answer
  • Assume Peanut Butter and Jelly are two complement products. For both markets explain what happens for an increase in the Supply
    5·1 answer
  • Tradable pollution permits are a:________.
    7·1 answer
  • You have a handyman services business. You have the following financial information for the month. Initial cash balance: $1,500
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!