Collin Computers Ltd

question 32

Multiple Choice

Collin Computers Ltd.,an American company,released a new range of personal computers in its Japanese and Indian markets.Since these products had a shorter life cycle,it was difficult to accurately predict the demand.Losses due to the short life cycle of the product relate to which of the following external factors?

• A) Environmental factors
• B) Economic factors
• C) Market factors
• D) Competitive factors

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Definitions:

Grade Point Average

A numerical calculation representing the average value of the accumulated final grades earned in courses over time, scaled usually from 0.0 to 4.0.

Coefficient Of Determination

A statistic used in the context of predictive models that provides a measure of how well observed outcomes are replicated by the model, based on the proportion of total variation of outcomes explained by the model.

Beaver Abundance

A measure or estimate of the number of beaver individuals or populations in a specified area.

Error Sum Of Squares

A measure in statistics that quantifies the discrepancy between the observed data and the values predicted by a model.