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i. If we are studying the relationship between high school performance and college performance, and want to predict college performance, high school performance is the dependent variable. ii. A financial advisor is interested in predicting bond yield based on bond term, i.e., one year, two years, etc. The dependent variable is bond term.
iii. The variable used to predict the value of another is called the dependent variable.
Strategic Partner
A strategic partner refers to an individual or organization that collaborates with another entity in a shared goal or project, bringing unique resources, capabilities, or expertise to achieve mutual benefits.
Competitive Advantage
A competitive advantage is what makes an entity's goods or services superior to all of a customer's other choices.
Company's Goals
The objectives or targets that an organization aims to achieve, which guide its operations, strategic planning, and decision-making processes.
Human Resource Management
The strategic approach to the effective management of people in an organization to help the business gain a competitive advantage.
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