Turning a Variable into Something That Is Measurable Is Called

question 67

Multiple Choice

Turning a variable into something that is measurable is called

• A) external validity.
• B) relevance.
• C) operationalization.
• D) objectivity.

---

Definitions:

Forecasting Capacity Requirements

The process of estimating the resources and capabilities needed to meet demand over a future period, critical for planning and resource allocation.

Product Life Cycle

The stages through which a product goes from conception to decline, typically categorized as development, introduction, growth, maturity, and decline.

Economic Change

Alterations in the economic conditions or environment, such as growth, recession, inflation, or changes in market demand.

Market Opportunities

Refers to favorable external factors that could help an organization to grow its market share.