In indirect competition, this involves two or more businesses that provide different kinds of products and services but may satisfy the need of the same consumers. In Regina's case, indirect competition is significant because even though they have different products, this would still satisfy the same customer. The answer is option C.
Answer: Core customer value
Explanation:
Core customer value could be seen as focusing on customers who basically buy your product and what can be done to keep them or improve services for them. Most manufactures are on the lookout on what their customers really want and how they can give it to them in a great manner which would also be affordable. Customers are gold, hence, when not treated well they can be lost to another manufacturer considering the competition of the market. Core customer value focuses on what better can the manufacturer offer the customer.
An example of a study that has a false correlation caused by a lurking variable is " research scientist examines the influence of diet and exercise on a an individual's blood pressure."
<h3>What is a lurking variable in a study?</h3>
Lurking variable is known to be a kind of a variable that is said not be the explanatory variable nor can it be called the response variable but it is one that is seen to have a relationship (e.g. correlation) with the response and that of the explanatory variable.
Note that A lurking variable is one that can be falsely identify as a strong relationship that exist between variables or it is one that often hide the true relationship.
Hence, An example of a study that has a false correlation caused by a lurking variable is " research scientist examines the influence of diet and exercise on a an individual's blood pressure."
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Good record entry is important in business, adjusting entries will include record of goods that was previously purchased.
<h3>
What is Journal entry?</h3>
Journal entry contains business details or data to a single business transaction. It includes the date, the amount payable for a particular good and the amount to be debited.
Adjusting entries include records that has changes to accounts that are not otherwise accounted for in the journal earlier.
Therefore, Adjusting entries will record taking a discount when paying for goods previously purchased.
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A firm gathers primary data by conducting surveys, interviewing customers, or mailing out questionnaires. The data gained through the surveys and interviews is a first-hand experience. And the data observed or collected directly from first-hand experience is called primary data. Secondary data on the other hand is published data and data obtained from other parties. <span />