The Terms Percentile and Percentage Correct

question 85

Multiple Choice

The terms percentile and percentage correct

• A) are, for all intents and purposes, synonymous.
• B) have in common that neither is a converted raw score.
• C) both entail calculation by multiplying by 100 and dividing by the number of items.
• D) None of these

---

Definitions:

External Analysis

The process of scanning and evaluating an organization's various external environments to identify opportunities and threats.

Cooperative Strategy

A method where businesses or organizations work together towards mutual goals, often leading to synergies and competitive advantages.

Joint Ventures

A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task or project.

Strategic Alliance

A long-term partnership between two or more organizations to pursue a set of agreed upon objectives while remaining independent organizations.