Moderate

Which of the following models are developed on the principles of business management, accounting and econometrics ?

Correct answer: B. Management science models

  • A. Behavioral model
  • B. Management science models
  • C. Operations research models
  • D. Policy making models

Explanation

Management science models apply business management, accounting, and econometric principles to support managerial planning and decisions. Operations research models more specifically emphasize mathematical optimization and quantitative decision techniques.

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