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Competitive Rivalry Is the Set of Competitive Actions and Responses

question 35

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Competitive rivalry is the set of competitive actions and responses that occur among firms as they maneuver for an advantageous market position.


Definitions:

R

A programming language and software environment used for statistical analysis, graphics representation, and reporting.

Correlation Matrix

A table showing the correlation coefficients between sets of variables to summarize their mutual relationships.

Pearson Correlations

A measure of the linear correlation between two variables, quantified by the Pearson correlation coefficient, ranging from -1 to 1.

Variables

Elements, features, or factors that are likely to vary or change among individuals or experiments.

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