A ____ Organization Is One That Transforms Resources into an Intangible

question 6

Multiple Choice

A ____ organization is one that transforms resources into an intangible output and creates time or place utility for its customers.

• A) manufacturing
• B) distribution
• C) service
• D) retailing
• E) not-for-profit

---

Definitions:

Linear Trend Line

A straight line that best represents the data on a scatter plot, showing the direction and rate of a linear relationship between two variables.

Regression Analysis

A set of statistical processes for estimating the relationships among variables, typically used to determine how the typical value of a dependent variable changes when any one of the independent variables is varied.

Forecast Equation

An equation used in statistical analysis to predict future values based on past data and trends, often involving variables and coefficients.

Percentage of Trend

A statistical measure that represents the direction and movement of data points over a specified period, often used to identify patterns in time series data.