Their application results in logical and rational solutions. The possibility of perfect solutions is excellent. The solutions to real-world business challenges are of excellent quality, helping companies stay on track. This ensures a smooth and successful journey for them. The journey of firms on the right path boosts production activities. It promotes the full use of financial, human, and material resources.

All firms have to cope well with dynamic market conditions. The impact of market changes is great on firms. The firms have to manage well with their resources. And get along well with market changes. Managers must tackle both internal and external challenges, effectively navigating shifting market conditions while also resolving issues within their industry. They need to apply effective managerial decisions. They have to employ microeconomic and macroeconomic principles for effective decisions.