management science is an operation Approach? True or false?
Answers
Answer:
True
Explanation:
Management Science (MS) is the broad interdisciplinary study of problem-solving and decision making in human organizations, with strong links to management, economics, business, engineering, management consulting, and other fields. It uses various scientific research-based principles, strategies, and analytical methods including mathematical modelling, statistics and numerical algorithms to improve an organization's ability to enact rational and accurate management decisions by arriving at optimal or near-optimal solutions to complex decision problems.
The Management Science approach, also known as the mathematical or quantitative measurement approach, visualizes management as a logical entity. Management science helps businesses to achieve goals using various scientific methods.
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