Which Statement About Primary and Secondary Data Collection Is Correct

question 41

Multiple Choice

Which statement about primary and secondary data collection is correct?

• A) It is important to start your data collection by designing primary data-collection instruments.
• B) Most reports do not include secondary data.
• C) Studying secondary data can provide the researcher with sources for additional information.
• D) After collecting primary data, you will discover ways of collecting secondary research.
• E) Rediscovering existing information is preferable to spending time collecting secondary data.

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Definitions:

Operations Strategies

Plans and policies designed to achieve the efficient and effective production and distribution of a company's products or services.

Strategic OM Decisions

Decisions in operations management that are concerned with long-term planning and involve the overall direction of the company, including choices related to the design of products and processes, location of facilities, and capacity planning.

Tariff Barriers

These are taxes or duties imposed on imported products by a country to protect its domestic industries from foreign competition or to generate revenue.

North America

A continent in the Northern Hemisphere that includes countries such as Canada, the United States, and Mexico.