_____ Are an Agreed-Upon Code of Conduct in Business,based on Societal

question 71

Multiple Choice

_____ are an agreed-upon code of conduct in business,based on societal norms.

• A) Fiduciary responsibilities
• B) Poison pills
• C) Strategic business points
• D) Business ethics

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Definitions:

Monte Carlo Simulation

A computational algorithm that relies on repeated random sampling to obtain numerical results, often used to model probabilities of different outcomes in a complex system.

Random Numbers

A sequence of numbers or symbols that cannot be reasonably predicted better than by a random chance, often used in simulations and statistical sampling.

Standard Probability Distributions

Specific mathematical functions that provide the probabilities of occurrence of different possible outcomes for a particular phenomenon.