A Widely Used Technique Commonly Used for Collecting Primary Data

question 20

Multiple Choice

A widely used technique commonly used for collecting primary data is

• A) collecting relevant articles in trade journals.
• B) benchmarking.
• C) conducting a survey.
• D) reviewing government reports.

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Definitions:

Technological Advance

The process of providing society with new and improved products and services through improved technology.

Random External Force

An unpredictable event or factor outside the control of a firm or economy that can affect its performance or the market.

Military-Related Research

Research and development activities focused on creating or improving military technology, strategies, and operations.

Capitalism

An economic system where private individuals own and control means of production and operate for profit, with minimal government interference.