Applications of quantitative techniques in Hong Kong: An empirical analysis

A survey was conducted to examine the usage of quantitative techniques among companies in Hong Kong. Results show that, although 74% of the respondents reported using one or more techniques, usage was confined to relatively few and simple techniques. These techniques, however, were used in a rather wide spectrum of application. The lack of understanding among top management of quantitative techniques was cited by respondents as the major barrier to their use. The results of this study are compared to a comparable survey in the United States, and the implications of the findings for the training of managers are discussed.