One of the benefits of bearing risk collectively is that the group can better afford to obtain better data compared to one company alone

Whirlpool took a 53% stake in the Dutch electronics group Phillips' home appliances business to leapfrog into the European market. This is an example of a ________

A) straight extension B) joint venture C) contract manufacturing agreement D) licensing agreement E) franchising agreement

Which of the following statements is true about stepwise discriminant analysis?

A) The predictors are entered sequentially based on their ability to discriminate between groups. B) The predictor with the highest F ratio is the first to be selected for inclusion in the discriminant function, if it meets certain significance and tolerance criteria. C) Each predictor selected is tested for retention based on its association with the other predictors selected. D) All of the above statements are true.