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When an Instrument Measures What It Is Intended to Measure

question 80

True/False

When an instrument measures what it is intended to measure, it is considered to possess the quality of reliability.


Definitions:

Absentee Landlord

A property owner who rents out their property but does not live on or near it, often resulting in less hands-on management.

Competitive Strategy

Involves the tactics and actions a company uses to attract customers, withstand competitive pressures, and strengthen its market position.

Major Drivers

Primary factors or forces that significantly influence the performance, activities, or direction of a process, market, or industry.

Supply Chain Performance

A measure of how efficiently and effectively a supply chain fulfills customer demands and operates in terms of costs, delivery time, and responsiveness.

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