In General,a Company Should Monitor Three Variables When Analyzing Competitors

question 88

Essay

In general,a company should monitor three variables when analyzing competitors.List and briefly characterize those three variables?

---

Definitions:

True Experimental Design

A research design that includes random assignment of participants to groups and manipulation of an independent variable to determine its effect on a dependent variable.

Cost

The expenditure or amount of resources (financial, time, labor) required to achieve something.

Time-Series Designs

Research designs that involve repeated measurements of dependent variables over time, both before and after a treatment or intervention, to assess change.

Selection Effects

Biases introduced into research when the participants or subjects are not randomly assigned, potentially leading to unrepresentative samples and skewed results.