Which One of the Following Statements Is True of Competitive

question 89

Multiple Choice

Which one of the following statements is true of competitive intelligence as a means of environmental scanning?

• A) The Competitive Espionage Act makes it a crime in the United States to engage in competitive intelligence.
• B) It is unethical to use competitive intelligence to make strategic business decisions.
• C) Competitive intelligence is ethical if competitor-related information is collected from sources accessible and available to the public.
• D) Buying competitors' products and asking their own employees to evaluate them to learn about new technical innovations is an example of the unethical practices followed in competitive intelligence.

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Definitions:

Slope

The measure of the steepness or incline of a line, indicating the rate of change between two variables.

Mean Value

Mean value is the average of a set of numbers, calculated by dividing the sum of all values by the quantity of numbers.

Error Term

A variable in a statistical model that captures the difference between observed and predicted values.

Linear Relationship

A relationship between two variables where the change in one variable is directly proportional to the change in another.