35. The term refers to financial managers and others who base their decisions on complex quantitative analysis, “quants” under assumption that using advanced mathematics and technology can accurately predict how the market works. 36. Contingency thinking is the ability to see both the distinct elements of a system or situation and the complex and changing interaction among those elements.
35. The term “quants” refers to financial managers and others who base their decisions on complex quantitative analysis, under assumption that using advanced mathematics and technology can accurately predict how the market works. 36. Contingency thinking is the ability to see both the distinct elements of a system or situation and the complex and changing interaction among those elements.
Test-Bank-Management-12th-Edition-Daft.docx