According to Porter, a Company That Makes Its Services Available

question 4

Short Answer

According to Porter, a company that makes its services available 24/7 would be practicing a _________ strategy.

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Definitions:

Margin Of Error

An indication of the confidence in the results of a survey or experiment, showing how much the answers may deviate from the true value.

Sample Standard Deviations

A measure of the dispersion or variability of a set of data points around the mean, indicating how spread out the data points are.

Equal Sample Sizes

A statistical condition where all groups or treatments in a study have the same number of observations, aimed at reducing variability and bias.

Hypothesis Test Method

A procedure in statistics to determine whether there is enough evidence in a sample of data to conclude that a certain condition holds for the entire population.