Which of the Following Is a Disadvantage of Using Information

question 139

Multiple Choice

Which of the following is a disadvantage of using information from internal databases?

• A) Obtaining information from internal databases is both time-consuming as well as expensive.
• B) It is not possible to verify information obtained from internal databases.
• C) Using information from internal databases leads to biased research findings.
• D) Internal information may be incomplete or in the wrong form for making marketing decisions.
• E) Internal databases do not support highly sophisticated technologies that make it difficult to store large volumes of data.

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Definitions:

Continued Usefulness

Refers to the ongoing applicability or relevance of an asset, product, or process.

Participative Budgeting

A budgeting process where employees at various levels of an organization are involved in the budgeting decision-making process.

Bottom-Up Budgeting

A budgeting approach that starts at the departmental or project level, with expenses and needs being identified from the bottom up, and then consolidated and reviewed at higher levels of management.

Top-Down Budgeting

A budgeting approach where the budget is created at the organization's highest level and then distributed down to departments or units.