Using a simulation model to gather a year of operating data in a few minutes is known as:

A) historical search data collection.
B) Monte Carlo optimization.
C) suboptimization.
D) time compression.

D

Business

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Global business leaders must be capable of articulating a coherent global vision and strategy that integrates local responsiveness, global efficiency and leverage

Indicate whether the statement is true or false

Business

Which of the following is most likely categorized as a business market?

A) government agencies that buy goods and services to produce public services B) individuals who buy goods and services for personal consumption C) firms that buy goods and services for further processing D) firms that buy goods and services to resell for profit E) retail outlets that buy goods and services to sell at discounted prices

Business