IBM Has a Long­standing "Reinventing Education" Program, Which Involves Intensive

question 39

Multiple Choice

IBM has a long­standing "Reinventing Education" program, which involves intensive research into how educational institutions can use the fruits of new technologies to transform what they do and thereby improve education. In the process, the program is actually helping to shape a market of significant interest to IBM. IBM views the program as an investment rather than as a charitable contribution. This is an example of the positive relationship between social responsibility and ________.

• A) social consensus
• B) secondary shareholders
• C) economic performance
• D) covert stakeholders
• E) resource munificence

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Definitions:

Additive Model

A statistical model where the effect of variables is linear and additive, assuming each variable contributes a separate and additive amount to the final outcome.

Exponential Smoothing Model

A time series forecasting method that applies weighted averages of past observations, decreasing exponentially as the observations get older.

Mean Square Error

A statistical measure used to evaluate the accuracy of a model by calculating the average squared difference between the estimated values and the actual value.

Smoothing Constant

A Smoothing Constant is a parameter used in exponential smoothing models for forecasting, which controls the weight given to the most recent observation.