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You have just joined the performance modelling team for a national elite sports programme. Your boss has decided that from now on the team will adopt a Bayesian approach. However, not all staff understand what this is; your boss asks you to present a training session. How would you explain a Bayesian approach in your session introduction?
Functional Organization
An organizational structure where the company is divided into departments based on their functions, such as marketing or finance.
Product Design
The process of ideating, creating, and iterating products that solve users’ problems or address specific needs in the market.
Multidivisional Design
An organizational structure where operations are grouped into semi-autonomous divisions based on product, service, or market, allowing for focused management and resource allocation.
Specialized Activities
Tasks or operations that require specific skills or knowledge, often related to a particular field or profession.
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