Three predictor variables are being considered for use in a linear regression model. Given the correlation matrix below, does it appear that multicollinearity could be a problem? 
Definitions:
Geographic Markets
Markets that are segmented or defined by geographical boundaries, which can range from local to global.
Basic Business Strategy
A foundational approach that outlines how a business aims to achieve its goals, compete in the market, and satisfy its customers.
Customer Needs
The recognized necessities or desires that drive consumers to seek out products or services for satisfaction or solution.
Value Chain Analysis
A strategic tool used to analyze the activities that create value in a business, from conceptualization to delivery to consumers.
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