_____ Refers to the Extent to Which Members in a Culture

question 2

Multiple Choice

_____ refers to the extent to which members in a culture tolerate ambiguous situations.

• A) Uncertainty avoidance 
• B) Lingua franca 
• C) Ethnocentrism 
• D) Long-term orientation

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Definitions:

Monte Carlo Forecasting

A technique using random sampling and statistical modeling to predict outcomes in complex systems or processes.

Monte Carlo Simulation

A computational algorithm that uses repeated random sampling to obtain numerical results, typically used to assess risk or uncertainty in prediction and forecasting models.

Crystal Ball

A forecasting and simulation software by Oracle that is used for predictive modeling, simulation, and optimization.

Critical Path

The longest sequence of activities in a project plan that must be completed on time for the project to finish by its due date.