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The fundamental aim of principal component analysis and factor analysis is to reduce the factors so that the model is simplified, but what is the process called?
Business Activities
The various actions, operations, and pursuits that a company engages in to achieve its business objectives and generate revenue.
Facilitation Payment
A type of bribe made to expedite or secure the performance of a routine or necessary action to which the payer is legally entitled.
Utilitarian
A philosophy which suggests that actions are right if they are beneficial for the majority, emphasizing the greatest happiness for the greatest number.
Greatest Good
A principle in utilitarian ethics focused on actions that result in the greatest benefit or happiness for the largest number of people.
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