There are a variety of problems a manager might face. While presenting and defending your approach, how would you complete this thought?
Several different modeling techniques are available to solve managerial decision problems,
A) the wrong choice of modeling technique is a common source of implementation difficulties.
B) students should develop a strong preference and expertise in one technique so when faced with problems as managers they can formulate them as a model that can be solved by their favorite technique.
C) fundamental characteristics of the problem guide the selection of an appropriate modeling technique.
D) most problems faced by managers are fundamentally the same.

Question

There are a variety of problems a manager might face. While presenting and defending your approach, how would you complete this thought? ​
Several different modeling techniques are available to solve managerial decision problems,
A) the wrong choice of modeling technique is a common source of implementation difficulties.
B) students should develop a strong preference and expertise in one technique so when faced with problems as managers they can formulate them as a model that can be solved by their favorite technique.
C) fundamental characteristics of the problem guide the selection of an appropriate modeling technique.
D) most problems faced by managers are fundamentally the same.

Quizplus · Accepted Answer

The selection of an appropriate modeling technique should be guided by the fundamental characteristics of the problem. Different problems require different approaches, and a manager should be able to identify the key characteristics of the problem and match it with the appropriate modeling technique. Developing a preference for one technique may limit a manager's ability to solve a range of problems. The choice of modeling technique is important to the success of implementing decisions, and choosing the wrong technique can lead to implementation difficulties. However, it is not true that most problems are fundamentally the same.

There Are a Variety of Problems a Manager Might Face