Before Purchasing an Existing Business,an Entrepreneur Should Analyze Closely Both

question 12

True/False

Before purchasing an existing business,an entrepreneur should analyze closely both direct and indirect competitors.

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Definitions:

Standard Deviation

A measure of the dispersion or variance in a set of values, indicating how much the values deviate from the mean.

Service Level

A measure of the quality of a service provided, often defined by the percentage of customer demands met.

Standard Deviation

A measure in statistics that quantifies the amount of variation or dispersion of a set of data values.