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Q. |
Evaluating all the options to find out most suitable solution to business problems is interdisplinary activities. It is called - |
A. | Professional research |
B. | Management research |
C. | Operational research |
D. | Commercial research |
Answer» C. Operational research | |
Explanation: Operational research is a discipline that deals with the application of advanced analytical methods to help make better decisions. Employing techniques from other mathematical sciences, such as mathematical modeling, statistical analysis, and mathematical optimization, operations research arrives at optimal or near-optimal solutions to complex decision-making problems. In a nutshell, operations research (O.R.) is the discipline of applying advanced analytical methods to help make better decisions. |
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