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In a dynamic environment, managers need to delay responses until stability is reached.
Scatter Diagram
A graphical representation using dots to show the relationship between two variables, often used to identify patterns or trends.
Nominal Variables
Variables classified into categories that cannot be ordered or ranked; they are used to label or name categories or groups.
Relationship
The manner by which two or more ideas, items, or individuals are linked, or the condition of linkage.
Scatter Diagram
A graph that shows the relationship between two variables by displaying data points on a two-dimensional plane.
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