The "Building Blocks" of All Spreadsheet Simulation Models Are

question 46

Multiple Choice

The "building blocks" of all spreadsheet simulation models are

• A)deterministic inputs.
• B)random numbers between 0 and 1.
• C)decision variables.
• D)probability distributions for uncertain input variables.

---

Definitions:

Succession Management

The method of finding and grooming new leaders to take over when existing leaders depart, retire, or die, thereby maintaining the continuous operation of the organization.

Effectiveness Perceptions

Individuals' or groups' beliefs about the degree to which a process, action, or policy achieves its intended outcome.

Key Characteristics

The most important attributes or qualities that define an object, person, or organization.

Replacement Planning

A process in human resources management aimed at identifying key roles within an organization and developing plans to replace those roles when the current incumbents leave.