Input Which Stays Within the Business Is Called

question 4

Multiple Choice

Input which stays within the business is called:

• A) internal input.
• B) external input.
• C) private input.
• D) public input.

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Definitions:

Variance

A numerical indicator representing the variance within a dataset, highlighting the extent to which the values deviate from the mean.

Squared Deviation

The squared difference between a specific value and a comparison value, commonly used in statistics to measure variability.

Average Return

A calculation that represents the typical gain or loss of an investment over a specified period.

Efficiency

The ability of an entity or system to achieve its goals with the least waste of time, effort, or material resources.