Which of the Following Is True in Regards to Competitive

question 116

Multiple Choice

Which of the following is true in regards to competitive intelligence?

• A) The Economic Espionage Act makes it illegal to steal any material that a business has taken "reasonable efforts" to keep secret.
• B) The Society of Competitive Intelligence Professionals urges strategists to stay within the law and to act ethically when searching for information.
• C) The Society of Competitive Intelligence Professionals states that illegal activities are foolish because the vast majority of worthwhile competitive intelligence is available publicly via annual reports, websites, and libraries.
• D) A number of firms hire consultants with questionable reputations who do what is necessary to get information when the selected methods do not meet SPIC ethical standards or are illegal.
• E) all of the above

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Definitions:

Coefficient Of Correlation

A statistical measure that quantifies the degree to which two variables change in relation to each other, ranging from -1 to 1.

Regression Line

A line that best fits the data points in a scatter plot, showing the relationship between the independent and dependent variables.

Slope

In statistics, it typically refers to the rate at which one variable changes in relation to another in a linear regression model.

Coefficient Of Determination

A statistical measure represented as a number between 0 and 1 that indicates the proportion of the variance in the dependent variable that is predictable from the independent variable(s).