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Which of the Following Variables Would You Suspect to Be

question 89

Multiple Choice

Which of the following variables would you suspect to be least significant in a sensitivity analysis of a fast-food establishment?


Definitions:

Principal

The original amount of money invested or loaned, upon which interest is calculated, or the main party involved in a transaction.

Ratification

The official way to confirm something, usually by vote, making it valid or officially approved.

Agency

A legal entity in which one party (the agent) is authorized to act on behalf of another (the principal) in creating legal relationships with third parties.

Effective

The degree to which something is successful in producing a desired or intended result.

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