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Exhibit 12-3: In a study of the membership of the most influential business persons' organization in River City, it was found that the proportion of those who are also members of the Buffalo Honorary Club (BHC) is much higher than the portion of BHC members in the general city population.One might conclude that participation in BHC activities is a positive influence in leading people to become successful businesspersons or a number of alternative hypotheses could be suggested.Choose the correct hypothesis for each question.
-Refer to Exhibit 12-3.Which is a hypothesis of common cause?
CPM/PERT
A project management tool used to plan, schedule, and control complex activities, standing for Critical Path Method/Program Evaluation and Review Technique.
Financial Performance
A measure of a firm's fiscal health and stability, often assessed through metrics like profitability, revenue, and cash flow.
Managerial Control
The mechanisms and processes that allow managers to monitor and regulate organizational activities and performance to achieve goals.
AOA Diagram
Activity on Arrow diagram, a network diagram used in project management to show the activities of a project on arrows and their dependencies.
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