The Three Ways Information Adds Value, Ranked in Order from Lowest

question 60

Multiple Choice

The three ways information adds value, ranked in order from lowest to highest value are:

• A)visibility, mirroring, creation of new customer relationships.
• B)mirroring, creation of new customer relationships, visibility.
• C)visibility, creation of new customer relationships, mirroring.
• D)creation of new customer relationships, mirroring, visibility.

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Definitions:

Positive Linear Relationship

A relationship between two variables where an increase in one variable is associated with an increase in the other variable, depicted as a straight line.

No Relationship

A situation where two variables do not display any association, correlation, or cause-and-effect interaction with each other.

Independent Variable

The variable in an experiment that is manipulated by the researcher to examine its effect on the dependent variable.

Direction of Cause and Effect

Pertains to determining which variable influences the other in a cause-and-effect relationship.