Which Information Source Would Be Considered Secondary Data for Research

question 98

Multiple Choice

Which information source would be considered secondary data for research on how to improve the sales of an existing product?

• A)product sales figures
• B)interviews with prospective users about the product
• C)recent survey results about how consumers use the product
• D)feedback from sales reps on the product
• E)data from the Census Bureau website

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Definitions:

Monthly Payments

Regular payments made once a month, often in the context of loans, rent, or subscriptions.

Security Interest

A legal claim or right granted on property or assets as collateral to secure the performance of an obligation, such as repayment of a loan.

Federal Bankruptcy Exemptions

Specific exemptions provided by federal law that allow a debtor to protect certain types of property from being seized and sold off by creditors during the bankruptcy process.

Unsecured Creditors

Creditors who have extended credit without obtaining specific collateral, ranking below secured creditors in claims on assets.