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A Competitive Tool That Can Be Applied to Any Organizational

question 2

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A competitive tool that can be applied to any organizational work problem by thinking outside existing alternatives and creating new alternatives is called ________.


Definitions:

Control Chart

A graph used to study how a process changes over time, displaying data points in time order and often including control limits to detect anomalies.

Standard Error

The standard deviation of the sampling distribution of a statistic, most commonly of the mean.

Sample Standard Deviation

A measure of the amount of variation or dispersion of a set of sample values, indicating how much the values differ from the mean of the sample.

Sampling Distribution

A statistical distribution that emerges from conducting numerous samples within a particular population base.

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