If Your Data Are Auto-Correlated, You Could

question 10

Multiple Choice

If your data are auto-correlated, you could:

• A) Not use statistics
• B) Use statistics, but be aware of possible problems due to autocorrelation.
• C) Transform the data
• D) All of the above

---

Definitions:

Global Marketing Strategy

A marketing approach that considers global operational differences, similarities, and opportunities in planning marketing activities.

International Trade Agreement

A treaty or accord between countries that governs the rules and guidelines for trade between the signatories.

Supply Chain

The entire process of making and selling commercial goods, including raw material gathering, manufacture, distribution, and sale.

Target Markets

Specific groups of potential customers towards which a business directs its marketing efforts and products.