Which of the Following Factors Should Be Evaluated During the Internal

question 41

Multiple Choice

Which of the following factors should be evaluated during the internal analysis phase of strategic formulation?

• A)manufacturing capacity
• B)new government regulations pending
• C)customer demand
• D)strength of the competition

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Definitions:

Plus Four Method

A statistical method that adds four to the sample size and regards two successes and two failures in a binomial proportion confidence interval.

P-value

The probability of obtaining a test statistic at least as extreme as the one observed, assuming the null hypothesis is true; used to determine statistical significance.

Hypothesis

A supposition or proposed explanation made on the basis of limited evidence as a starting point for further investigation.

Confidence Interval

A span of values, generated from the statistics of a sample, that is likely to comprise the value of an undefined population parameter.