The Partnering for Success Boxed Feature in Chapter 5 Focuses

question 72

Multiple Choice

The Partnering for Success boxed feature in Chapter 5 focuses on Barista Exchange, an online social network for independent coffeehouse owners. The central idea behind Barista Exchange is:

• A) that by banding together, independent coffeehouses can become as strong as the national chains
• B) to provide a forum for independent coffeehouse owners to share advertising and marketing ideas
• C) to maintain a job bank for independent coffeehouse owners
• D) to provide a platform for independent coffeehouse owners to obtain funding
• E) to help independent coffeehouse owners obtain legal advice

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Definitions:

Measure of Dispersion

A statistical parameter that describes the spread or variability of a distribution around its central measure (such as mean or median).

Minimum

The lowest value in a data set.

Maximum

The highest or greatest amount, value, or level that can be achieved or recorded.

Anomalous Data

Data that appear suspicious or are not anticipated by a researcher.