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NEW QUESTION: 1
Ace Consulting, a multinational corporate finance consulting firm, is performing an analysis of the East Asian distribution network of Smith, Kleen, and Beetchnutty. Specifically, Ace Consulting is trying to identify the effect of changes in specific variables on the overall efficiency of SKB's distribution process. In their analysis, Ace Consulting identified a "base case" situation using the expected values for each input.
Then, Ace modified each variable a few points above and below the base case, holding other variables constant. This was done in an effort to determine the effect of each variable on the overall efficiency of SKB's distribution process. Which of the following choices correctly describes this stand-alone risk measurement technique?
A. Regression analysis
B. Relational analysis
C. Monte Carlo simulation
D. Case study analysis
E. Sensitivity analysis
F. Scenario analysis
Answer: E
Explanation:
Explanation/Reference:
Explanation:
In this example, Ace consulting has been conducting a sensitivity analysis. This analysis begins with the identification of a "base case" situation using expected values for each input. Then, a variable is manipulated holding the other variables constant, in an effort to determine the sensitivity of the output to manipulations in each variable. Sensitivity analysis is the most widely used technique for measuring stand- alone risk, and can be performed relatively easily using a commercially available spreadsheet package such as Microsoft Excel.
NEW QUESTION: 2
Which of the following provides the PRIMARY source of guidance on what needs to be protected by information security management?
A. IT management
B. The change manager
C. Business management
D. Service desk manager
Answer: C
NEW QUESTION: 3
Twentieth-century Japan faced the question of how to _______ the best of modern civilization without
losing the benefits of Japan's _______ way of life.
A. reject . . ancient
B. adopt . . outmoded
C. reshape . . historic
D. assimilate . . traditional
E. incorporate . . contemporary
Answer: D
Explanation:
Explanation/Reference:
Explanation:
The sentence describes something that twentieth-century Japan wanted to do; therefore, it must be
referring to a desirable combination of the best of the old and the new. Choice C makes sense because it
refers to "assimilating," that is, absorbing, what is good in modern life while retaining what is "traditional." A
negative word like "outmoded," choice B, wouldn't fit this context.
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