What Type of Research Involves Collecting,analyzing,and Interpreting Data by Obtaining

question 29

Multiple Choice

What type of research involves collecting,analyzing,and interpreting data by obtaining free form,nonstandardized,or open-ended observations and statements of what people do and say.

• A)qualitative methods
• B)quantitative methods
• C)pluralistic methods
• D)strategic research methods
• E)survey research methods

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Definitions:

Cost Curve

A graphical representation that shows the cost of producing different quantities of a good or service.

Minimizing Losses

Minimizing Losses involves strategies and actions a business or individual might employ to reduce financial setbacks or decrease the severity of financial downturns.

Total Loss

The complete depletion of value of an asset or the sum of expenses surpassing all revenues, resulting in no net gain.

Most Efficiently

The method or process that achieves the best possible outcome with the least waste of resources.