Which of the Following Would Be Most Likely to Be

question 54

Multiple Choice

Which of the following would be most likely to be used as a method of data collection by a phenomenological researcher?

• A) a brief survey with all closed-ended questions
• B) rating scale
• C) in-depth interviews
• D) study of archival data

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Definitions:

Selling Price

The amount for which a product is sold to the customer, generally set above the cost to include a profit margin.

Margin Of Safety

The difference between actual or expected sales and sales at the break-even point, measured in either units or revenue.

Break-Even Point

The quantity of production or sales at which total revenues equal total expenses, resulting in no net loss or gain.

Variable Expenses

Costs or expenses that vary in direct proportion to changes in business activity levels, such as sales volumes or production output.