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What Formally Is the Scale Level of a Likert Scale

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What formally is the scale level of a Likert scale?


Definitions:

Positive Net Income

A financial situation where a company's total revenues exceed its total expenses, indicating profitability.

Inexpensive to Organize

Refers to the low cost associated with setting up a certain type of business structure or organization.

Personal Assets

Items or properties owned by an individual that have value.

Mutual Agency

A legal principle in partnership that allows each partner to act on behalf of the partnership, binding it in contracts and agreements.

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