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Alliances of Organizations in the Same Position on the Value

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Alliances of organizations in the same position on the value chain are known as vertical alliances.


Definitions:

Continuous Random Variables

Variables that can take on an infinite number of values within a given range.

Probability Density

A function that describes the relative likelihood for a random variable to take on a given value.

Probability Density Function

A mathematical expression that defines the probability of a continuous random variable assuming a specific value.

Probability Density Function

A function that describes the likelihood of a continuous random variable to take on a particular value.

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