A Survey by the Economic Research Service of the U

question 183

Multiple Choice

A survey by the Economic Research Service of the U.S. Department of Agriculture, government statistics from the Department of Commerce, and stock market information from The Wall Street Journal would all be examples of

• A) internal primary data.
• B) nonprobability sampling methods.
• C) internal secondary data.
• D) external secondary data.
• E) external primary data.

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Definitions:

Control Process

is the method by which management ensures that organizational activities are aligned with set standards, plans, and goals, typically involving measurement, comparison, and action.

Establish Performance Objectives

The process of setting specific, measurable, achievable, relevant, and time-bound goals for employees or teams.

Market Control

The ability of a company or group to influence or direct the behavior of the market, usually by dominating supply, price, or innovation.

Bureaucratic Control

A system of managing an organization through a formalized set of rules and procedures, ensuring standardization and consistency across operations.