Examlex
The population of all sample proportions has a normal distribution if the sample size (n) is sufficiently large. The rule of thumb for ensuring that n is sufficiently large is
Early Warning Signals
Indicators or signs that precede and predict upcoming problems or changes, allowing for preemptive action.
Shadow Plan
A backup plan or strategy that is developed to be used as an alternative in case the original plan fails or cannot be implemented.
Managerial Firefighting
The practice where managers spend a disproportionate amount of time addressing urgent problems rather than focusing on strategic planning and prevention.
Crisis Management
The process of planning for and responding to unexpected and potentially harmful events, aiming to minimize damage and recover quickly.
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