Complete Business Statistics

Authors

  •   Mohita Sharma School of Business Studies Shobhit University, Meerut

Abstract

In today's world of cut-throat competition, successful management is distinguished from the rest by their judicious decision- making. Decision-making with business statistics has become a centre-stage issue in business and industry. It entails shifting the optimal course of action from among many alternatives available to the managers. This includes a comparative evaluation of various alternatives before arriving at the decision. Management has emerged as a science in view of the precision involved due to the plethora of facts and figures, with hidden information, which might form the intellectual basis for a meaningful decision. A manager can hardly succeed with his interpersonal skill alone; he must possess good technical skills as well. For this, he should have adequate knowledge of business statistics.

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Published

2010-01-01

Issue

Volume 4, Issue 1, January 2010

Section

Book Review

License

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