A Paradigm Shift Occurs When a New Radical Form of Business

question 109

True/False

A paradigm shift occurs when a new radical form of business enters the market that reshapes the way companies and organizations behave.

---

Definitions:

Wholesaler

An intermediary entity in the distribution channel that buys in bulk and sells to retailers rather than consumers.

Exponential Trend

A pattern in data that can be modelled by an exponential function, indicating rapid increases or decreases over time.

Statistical Software

Computer applications designed to perform statistical analysis, manage data, and facilitate data mining and interpretation.

Prediction Equation

A mathematical formula used to forecast future values based on current or historical data.