__________ and __________ Describe the Situation in Which Organizations Are

question 40

Multiple Choice

__________ and __________ describe the situation in which organizations are direct competitors and are fully aware of the competition.

• A) High market commonality; high resource similarity
• B) High market commonality; low resource similarity
• C) Low market commonality; high resource similarity
• D) Low market commonality; low resource similarity

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Definitions:

Union of Events

In probability, the set of outcomes that belong to at least one of several events.

Occurs

Refers to the happening or presence of an event, observation, or realization in a specific context or scenario.

Joint Probability

The probability of two events happening at the same time.

Intersection

The point or set of points where two or more geometric figures meet or cross.