_________ Is a Philosophy and Collection of Planned Change Interventions

question 4

Short Answer

_________ is a philosophy and collection of planned change interventions designed to improve an organization's long-term health and performance.

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Definitions:

Capital Budgeting

The process used by businesses to evaluate and decide on major investments or expenditures.

Monte Carlo Simulation

A statistical technique that uses random sampling and variability to predict outcomes of a process, often used in finance to model risk and uncertainty in investment portfolios.

Simulation

The process of creating a model to study the behavior of a system or its components under various conditions.

Capital Budgeting

The process of assessing and planning for a company's long-term investment opportunities and expenditures to ensure profitability and expansion.