MSVCP110.dll Error

When starting Photoshop, or when launching a plug-in from Lightroom, I receive an error "MSVCP110.dll is missing from your computer." How do I fix this?

Please download and reinstall the latest version of the Nik Collection to your computer, either from your original Nik Collection download email, or by downloading the trial from Google.com/NikCollection. If you previously had a registered version of the Nik Collection installed on your computer, installing the trial will simply update the files for you. Make sure that all host applications are closed as you run the installer, and then you should be able to launch the software once again.