Suppose You Start a New Business to Compete with Uber

question 25

Multiple Choice

Suppose you start a new business to compete with Uber. You design an easy-to-use app and arrange for drivers to get paid a percentage for each ride. This is an example of a ____.

• A) cross-functional team
• B) functional chimney
• C) matrix structure
• D) network structure
• E) strategic alliance

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Definitions:

Mean

The mean of a collection of numbers, found by dividing the total sum of the numbers by the quantity of numbers.

Standard Deviation

It quantifies the dispersion of a dataset relative to its mean, reflecting how spread out the data points are.

Confidence Interval

A range of values, derived from statistical analysis, that is likely to contain the true parameter value.

Sample

A subset of a population selected for measurement, observation, or questioning to provide data for analysis.