The Organizational Environment Consists of Everything Outside the Boundaries of the Organization

question 44

True/False

The organizational environment consists of everything outside the boundaries of the organization.

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Definitions:

Independent Variables

Refers to the inputs or predictors in a statistical model that are manipulated or selected by the researcher to determine their effect on the dependent variable.

COV

A measure of relative variability computed as the standard deviation divided by the mean; also known as the coefficient of variation.

Independent Variables

Variables in a statistical model that are presumed to influence or predict the outcome of a dependent variable.

Variances

Statistical measures reflecting the dispersion or spread of a set of data points or how far each value in the set is from the mean.