General Dynamics Had a Top- Management Team That

question 59

Multiple Choice

General Dynamics had a top- management team that:

• A)did not see the signs of decline due to lack of an effective monitoring and information system.
• B)quickly responded to changes in the company's environment.
• C)failed to take action due to organizational inertia.
• D)made small changes but was afraid to make radical changes.

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Definitions:

Monte Carlo Simulation

A computational algorithm that relies on repeated random sampling to obtain numerical results, often used to model probabilities of different outcomes in a complex system.

Random Numbers

A sequence of numbers or symbols that cannot be reasonably predicted better than by a random chance, often used in simulations and statistical sampling.