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Through joint ventures,firms can directly acquire the assets and competencies of other firms.
Explanatory Variable
A type of variable in statistical modeling that is used to explain variations in the dependent variable; it is also known as an independent variable.
Quantitative Variables
Variables that represent numerical amounts or quantities, which can be measured and expressed numerically.
Associated
Pertains to the connection or relationship between two or more variables or factors.
Response Variable
The outcome or variable of interest that is measured or observed in a study, experiment, or analysis to see how it is affected by explanatory variables.
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