A Nominal Variable Is Also Known as

question 50

Multiple Choice

A nominal variable is also known as

• A) dependent.
• B) independent.
• C) categorical.
• D) continuous.

---

Definitions:

Marketing Channel

A set of practices or activities necessary to transfer the ownership of goods, and to move goods, from the point of production to the point of consumption.

Cooperative

An organization owned and operated for the benefit of those using its services, where members work together for a common goal, sharing in decisions and profits.

Credible Commitments

Promises or assurances that are viewed as reliable because they are backed by actions demonstrating the intent and ability to fulfill them.

Strategic Relationship

A purposeful partnership or alliance between organizations aimed at achieving mutually beneficial goals.