When Two Organizations Pool Markets and Expertise That Result in Lower

question 93

Multiple Choice

When two organizations pool markets and expertise that result in lower costs and generate profits,they are creating:

• A)a value web.
• B)a value chain.
• C)net marketplaces.
• D)core competencies.
• E)synergies.

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Definitions:

Regression Model

A statistical technique used to predict the value of a dependent variable based on the values of one or more independent variables.

Television

An electronic device for receiving and displaying images and sounds transmitted over distances.

Coefficient of Determination

The coefficient of determination, often denoted as R^2, measures the proportion of the variance in the dependent variable that is predictable from the independent variable(s).

Total Variability

Refers to the overall variability observed in a data set, encompassing all sources of variation.