The Technological Segment of Environmental Analysis Includes

question 118

Multiple Choice

The technological segment of environmental analysis includes

• A)institutions and activities involved with creating new knowledge and translating that knowledge into new outputs.
• B)the determination of when machinery will need to be replaced in a given firm.
• C)the need for new technology in order for a firm to gain a competitive advantage.
• D)places where a firm's technology will allow that firm to dominate a given market.

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Definitions:

Simple Linear Regression Model

A statistical method for modeling the relationship between a single independent variable and a dependent variable by fitting a linear equation.

Slope

In mathematics, the slope of a line is a number that describes both the direction and the steepness of the line, often calculated as the rise over run in linear functions.

Average Change

A measure of the central tendency that indicates the mean difference between successive data points.

First-Order Linear Regression Model

A statistical model that describes a linear relationship between a dependent variable and one independent variable, characterized by a straight line.