In the Context of the Decision-Making Analyses That Use Information

question 18

Multiple Choice

In the context of the decision-making analyses that use information technology,_____ analysis is available in spreadsheet programs such as Microsoft Excel.

• A)fault tree
• B)root cause
• C)what-if
• D)what-is

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Definitions:

Six Sigma

A set of techniques and tools for process improvement that aims to improve the quality of the output of a process by identifying and removing the causes of defects and minimizing variability in manufacturing and business processes.

Entrepreneurship Programs

Structured educational or training initiatives designed to impart entrepreneurial skills and foster an entrepreneurial mindset among participants.

Innovation Programs

Initiatives or projects designed to foster new ideas, technologies, or methods within an organization to enhance its competitiveness and efficiency.

Organizational Learning

The process by which an organization improves and evolves by acquiring new knowledge, understanding, and skills.