The shaded bars in the histogram below represent the times (rounded to the nearest 10 milliseconds) that 50 people take to react to a loud noise.Which of the following statements is true? 
Definitions:
Long-term Plan
A strategic planning document that outlines an organization's goals and the actions needed to achieve them over an extended period.
Competitive Position
Where a company stands in comparison to its competitors within the industry in terms of market share, profitability, and customer preference.
Business Strategy
Plans to build a competitive focus in one line of business.
Corporate Strategy
A comprehensive plan outlining business objectives and the actions required to achieve them, guiding the overall direction of a company and its decision-making.
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