Examlex
Michael Porter has identified five forces that determine the intrinsic long-run attractiveness of a market or market segment. Which of the following could pose a threat by raising prices or reducing quantity?
Independent Variable
A variable in an experiment that is manipulated to determine its effect on the dependent variable.
Dependent Variable
The variable in an experiment that is observed and measured to see how it is influenced by the independent variable.
Correlation Coefficient
A numerical measure that indicates the extent of a linear relationship between two variables, ranging from -1 to 1.
Independent Variable
The variable in an experiment that is manipulated or changed to observe its effect on the dependent variable.
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