The General and Competitive Environments

question 52

Multiple Choice

The general and competitive environments

• A) are independent and dynamic over time.
• B) tend to be interrelated and dynamic over time.
• C) have similar impact on organizations of different industries.
• D) are independent and static over time.

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Definitions:

Scatterplot

A type of graph used in statistics to visually display and compare two variables for a set of data, showing how much one variable is affected by another.

Two-Way Table

A table that displays data about two categorical variables; used to explore the relationship between the two variables.

Scatterplot Strength

Indicative of the degree of correlation between two variables represented in a scatterplot, showing how closely the data points fit a trend line.

Curve Following

The practice of tracing the path or line that best fits the pattern of a dataset, often used in trend analysis.