The use of management science techniques by business organisations with special emphasis on the use in different functional areas: Survey in Greek companies

Abstract

This paper presents an ongoing survey project researching into the extent and nature of use of management science techniques by business organisations in Greece. The survey shows that the usage of MS-techniques in Greek companies is relatively high compared to other European countries. However, the usage of more advanced techniques is very low in Greek firms and the application of MS-techniques is concentrated on a few traditional techniques. The reason for the low degree of applicability of more advanced techniques seems to be the general lack of understanding for the importance of these techniques.