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Which of the following is true of the scalar chain principle?
Competitive Edge
An advantage a company has over its competitors, allowing it to generate greater sales or margins and retain more customers.
Regression Analysis
A statistical method used to model and analyze the relationship between a dependent variable and one or more independent variables.
Profitability
A measure of the efficiency and financial performance of a business, indicating the degree to which it generates profit compared to its revenue.
Location Analysis Techniques
A set of methods or models used to evaluate the best geographical location for a business or facility, taking into account factors like cost, accessibility, and market demand.
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