Nina Is a Director of Omega, Inc

question 61

Multiple Choice

Nina is a director of Omega, Inc. Under the standard of due care owed by di?rectors of a corporation, Nina's decisions must be

• A) ambiguous and questionable.
• B) arguable and defensible.
• C) informed and reasonable.
• D) perfect and unassailable.

Acknowledge the variability and unrepeatability issues in simulations that rely on random numbers.

Understand different types of simulation, including Monte Carlo, and their characteristics.

Recognize the advantages and disadvantages of simulation in solving complex problems.

Understand the application areas of simulation in business and operations.

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Definitions:

Social Engineering

A manipulation technique that exploits human error to gain private information, access, or valuables, often used in cybersecurity attacks.

Cyberattack

Malicious attempts to damage, disrupt, or gain unauthorized access to computer systems, networks, or devices.

Valuable Information

Data or facts that hold significant importance or worth to the user, often aiding in making informed decisions.

Computer Hardware

The physical components of a computer system, such as the central processing unit (CPU), memory, hard drives, and peripherals.