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What Are the Six Key Questions That Form the Framework

question 49

Essay

What are the six key questions that form the framework of thinking strategically about a company's industry and competitive environment?


Definitions:

Mode

The value that occurs most frequently in a given data set.

Symmetric Distribution

A distribution where data is evenly distributed around the mean, with the left half mirroring the right half.

Mean

The central value of a dataset, calculated as the sum of all the numbers divided by the count of numbers in the dataset.

Variability

The extent to which data points in a statistical distribution or data set diverge from the average or mean, indicating the dispersion in the dataset.

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