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Scenario - SS.com
Faced with rapidly growing business, Swift Stocks, Inc., a global brokerage company with the largest market share, recently announced that it has established an on-line stock investment and trading subsidiary, SS.com, where investors can trade stocks at the lowest rates in the industry. The .com subsidiary has less than one percent market share but it faces a very high business growth rate. In the brokerage industry the competition is fierce and all players are cutting their on-line commission rates.
-Swift Stock is following which strategy, according to Porter, through the .com subsidiary?
Margin of Error
An expression of the amount of random sampling error in a survey's results, often used to create confidence intervals around a sample statistic.
Binomial Proportion
A statistical measure that represents the proportion of successes in a series of independent trials in a binomial distribution.
Margin of Error
An expression of the amount of random sampling error in survey results, indicating the range within which the true population parameter is expected to fall.
Margin of Error
The margin of error is a statistic expressing the amount of random sampling error in a survey's results, indicating the range within which the true value lies with a certain level of confidence.
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