A Group of Investors Wants to Bring a Minor League

question 17

Multiple Choice

A group of investors wants to bring a minor league baseball team to a community of 100,000 to create hometown spirit and offer a new form of family entertainment. The group surveyed people in the community to see if they would attend the games, how frequently they would attend, and whether the location of the proposed baseball stadium was acceptable. This survey is an example of ________.

• A) data mining
• B) a secondary internal source
• C) longitudinal data
• D) a primary data source
• E) a secondary external source

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Definitions:

Raw Materials

Basic materials or substances used in the initial stages of manufacturing or production.

Finished Goods

Items that are finished being made and can now be purchased by consumers.

Work-in-progress

Refers to the materials and goods that are in the process of being manufactured but are not yet completed.

Raw Materials

The unprocessed or minimally processed materials required to manufacture goods, often natural resources like wood, ores, and oil.