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The Value Chain Is the Sequence of Business Activities in Which

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The value chain is the sequence of business activities in which usefulness is added to the products or the services within an organization.


Definitions:

Covariance

Extent to which two variables vary together such that they have shared variance.

Null Hypothesis

The premise in hypothesis testing that suggests there is no association or effect among the variables being tested.

Null Hypothesis

A statement positing that there is no significant effect or difference for a specific population parameter.

Positive Relationship

Relationship in which increases in scores for one variable are associated with increases in scores of another variable.

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