Descriptive Studies Are Conducted To

question 40

Multiple Choice

Descriptive studies are conducted to:

• A) answer who, what, when, where, and how questions
• B) specify the causality in the problem
• C) describe previous findings in similar problems
• D) answer who, what, when, where, how, and why questions
• E) determine if x, then y, relationships

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Definitions:

Outsourcing

The business practice of hiring a party outside a company to perform services or create goods that traditionally were performed in-house by the company's own employees.

Opportunity Cost

represents the value of the best alternative foregone as a result of making a particular choice.

Accounting Costs

Represent the explicit costs or direct financial expenditures associated with the operations of a business.

Monetary Costs

The financial expenses incurred in the acquisition of goods, services, or assets, measured in units of currency.