Data Have Many Characteristics

question 23

Multiple Choice

Data have many characteristics.If you cannot see or feel the data being measured,you are describing their level of ______.

• A) abstractness
• B) elusiveness
• C) verifiability
• D) closeness to the phenomenon
• E) replicability

---

Definitions:

Competitive Forces

External factors that influence the competitive position of a firm within an industry, including competition, potential entrants, substitutes, buyers, and suppliers.

Profitability

A measurement of the efficiency and effectiveness of a company at generating profits from its operations.

Competition And Profitability

The relationship between the competitiveness of a market and the ability of firms within that market to generate profits.

Competitive Forces

The external factors that influence the competitive position of a firm in an industry or market.