Define Sampling with Replacement and Sampling Without Replacement

question 51

Essay

Define sampling with replacement and sampling without replacement. Give an example of each.

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Definitions:

Unrelated Diversification

A business strategy whereby a company expands into industries that are not related to its current line of business.

Acquiring New Businesses

The process of a company purchasing or merging with other companies to expand its operations, enter new markets, or gain competitive advantages.

Distribution Alliance

A partnership between companies to allow for the more efficient distribution and availability of products.

Strategic Alliance

A partnership between two or more companies to pursue a set of agreed-upon objectives while remaining independent organizations.