Which of the Following Is True with Regard to Gathering

question 104

Multiple Choice

Which of the following is true with regard to gathering secondary data?

• A) Gathering secondary data involves costly fees to government agencies.
• B) Commercial online databases contain primary rather than secondary data.
• C) Internet search engines can be useful sources of relevant secondary data.
• D) It is illegal for firms to purchase secondary data from outside suppliers.
• E) Secondary data eliminates the need for primary data in most cases.

Grasp the basics of systems competition and its implications for firms like Intel and Microsoft.

Comprehend why firms might give away products for free to leverage network externalities.

Analyze the decision-making process of consumers regarding the adoption of goods with network externalities.

Understand how market share and pricing strategies are interrelated in markets with network externalities.

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Definitions:

Cluster Sampling

A method of sampling in which the population is segmented into different groups, and from these groups, a few are randomly chosen for analysis.

Quota Sampling

A sampling method where participants are chosen to form a sample that represents certain characteristics of a population.

Academic Performance

The extent to which a student, teacher, or institution has achieved their short or long-term educational goals.

Simple Random Sampling

A sampling method where every member of a population has an equal chance of being selected.