Penelope Is Using Data Collected and Published by a Trade

question 76

Multiple Choice

Penelope is using data collected and published by a trade association in her marketing research study. The data used by Penelope can be regarded as _____.

• A) secondary data
• B) primary data
• C) raw data
• D) experimental data

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Definitions:

Sarbanes-Oxley Act

A federal law established in 2002 aimed at improving corporate governance and accountability, in response to financial scandals.

Securities Fraud

A type of serious financial fraud involving the manipulation of the securities markets, such as insider trading or misleading statements by companies.

Corporate Fraud

Illegal activities undertaken by an individual or company in a deceitful manner, aimed at financial gain.

Business Ethics

The study and examination of moral and ethical problems that arise in a business environment.