Questions from Management Science


Q: What might be some early warning signs of (a) a

What might be some early warning signs of (a) a new competitor coming into your market, (b) an employee work stoppage, or (c) a new technology that could change demand for your product?

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Q: Describe the four techniques for allocating resources.

Describe the four techniques for allocating resources.

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Q: How does PERT network analysis work?

How does PERT network analysis work?

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Q: Why is flexibility so important to today’s planning techniques?

Why is flexibility so important to today’s planning techniques?

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Q: What is project management, and what are the steps managers use

What is project management, and what are the steps managers use in planning projects?

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Q: It’s a waste of time and other resources to develop a set

It’s a waste of time and other resources to develop a set of sophisticated scenarios for situations that may never occur.” Do you agree or disagree? Support your position.

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Q: Do intuition and creativity have any relevance in quantitative planning tools and

Do intuition and creativity have any relevance in quantitative planning tools and techniques? Explain.

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Q: The Wall Street Journal and other business periodicals often carry reports of

The Wall Street Journal and other business periodicals often carry reports of companies that have not met their sales or profit forecasts. What are some reasons a company might not meet its forecast?...

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Q: A coworker takes credit for the excellent job you’ve performed. Frustrating

A coworker takes credit for the excellent job you’ve performed. Frustrating! It’s probably happened to you or someone you know. How did it happen? Perhaps you shared an idea with a coworker and then h...

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Q: In what ways is managing a project different from managing a department

In what ways is managing a project different from managing a department or other structured work area? In what ways are they the same?

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