Beta Systems Decided to Outsource Some of Its Operations

question 35

Multiple Choice

Beta Systems decided to outsource some of its operations. Which of the following will be a short-term advantage for the company?

• A)increased ability to focus on activities that do not directly contribute to the strategic objectives of the company
• B)more control over decisions
• C)less risk of information being leaked to rivals
• D)cost savings
• E)more responsiveness to employee-manager problems

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Definitions:

P-values

Measures that help determine the significance of results obtained in statistical hypothesis testing, indicating the probability of observing results if the null hypothesis were true.

Levels Of Significance

A threshold in hypothesis testing that determines the probability at which the null hypothesis is rejected, often denoted by alpha.

P-value

The probability of obtaining test results at least as extreme as the observed results, assuming that the null hypothesis is true.

Test Statistic

A calculated value from sample data that is used in a hypothesis test to determine whether to reject the null hypothesis, based on the likelihood of observing the sample data under the null hypothesis.