Name and Describe the Two Types of Online Focus Groups

question 168

Essay

Name and describe the two types of online focus groups. How do they compare to in-person focus groups?

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Definitions:

Price Variance

The difference between the actual price paid for a good or service and its expected or budgeted price.

Quantity

The amount or number of a material or product.

Budget Performance Report

A report that compares budgeted amounts to actual amounts for revenues, expenses, and other financial parameters to measure the financial performance of a company.

Budgeted Amounts

Estimated financial figures used for planning purposes, outlining the expected revenues, expenses, and other financial transactions for a future period.