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The data is synthetic and depicts financial ties among several large companies, as one could infer from public information and news media. The data consists

The data is synthetic and depicts financial ties among several large companies, as one could infer from public information and news media. The data consists of a 20x20 matrix of companies, with binary values (0, 1) according to the rule: If Financial_ties(Company A, Company B) then FinTies[A,B] = 1 Else FinTies[A,B] = 0 Note: While the company names are real, the relationships depicted are fictitious and the matrix was created specifically for this example. The data is stored in a MS-Excel spreadsheet: FinancialTies.xlsx. The objective of this assignment is to identify, given a network of relationships among corporations, all relationships, subgroups, influencers, alliances, and paths to follow in the pursuit of new business relationships. You will analyze a network, which depicts various types of interorganization relationships among a large set of companies. Your task is to detect potential for alliances, the impact of interlocking boards, and then attempt to identify strategic opportunities and challenges. Complete the following steps: Create a matrix representation of the network. Perform initial descriptive statistics analysis, calculating the following: Analyze the matrix to detect potential for alliances. Explain what your basis is for establishing the potential for alliances. Pick two actors that you have identified as

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