Subject Definitions Flashcards

(8 cards)

1
Q

What is a study of chances?

A

Probability Theory

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2
Q

What is a study of investigating a population from a part (a sample of it)?

A

Statistics

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3
Q

What is a study about selling products/services?

A

Marketing

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4
Q

What is a study of managing the process of making product/services?

A

Operations Management

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5
Q

What is a study of using money effectively?

A

Finance

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6
Q

What is a study of keeping track of activities of an organization in terms of money?

A

Accounting

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7
Q

What is a study of making the best decisions with the help of mathematics models?

A

Managerial Decision Analysis

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8
Q

What is a study of gaining insight into data + making better decisions by using data processing technology, statistics & mathematical models?

A

Business Analytics

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