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Critical Thinking Questions Case 6-2

question 48

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Critical Thinking Questions Case 6-2
Your supervisor, the accounting manager, asks you to insert the current month's sales estimates by product, which is located in an Excel worksheet, into a sales report you are creating in Publisher to send to each manager electronically.
Which of the following integration methods should you use to allow each sales manager to change the estimates for his or her department in a what-if analysis using the worksheet object in the sales report?


Definitions:

Transitional Probability Matrices

In mathematics and statistics, these matrices are used to describe the probabilities of transitioning from one state to another in a stochastic (random) process.

Markov Analysis

A statistical method used to predict future states based on current data and the probabilities of various outcomes, often applied in decision-making processes.

HR Objectives

The strategic goals set by the Human Resources department to support overall organizational growth, employee development, and operational efficiency.

Human Resource Planning Process

A strategic approach undertaken by HR management to ensure the right number of people with the right skills are available at the right time in the organization.

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