List the major advantages of simulation techniques
What will be an ideal response?
Simulations are flexible; can take advantage of useful simulation software; can analyze large, complex real-world situations; can ask what-if ?; can avoid tampering with the present system; can study the impact of individual variables on the modeled system; can simulate many time periods quickly; can incorporate any probabilistic distribution.
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What is the conversion right for preferred stocks?
What will be an ideal response?
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Which of the following is a closed system of stratification in which social position is determined by the family into which a person is born, and change in that position is usually not possible during an individual's lifetime?
A. Caste B. Merit C. Class D. Economic E. Bureaucratic
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