Examlex

Solved

Data Is Useful for Understanding Individual Sales, but to Gain

question 62

Multiple Choice

Data is useful for understanding individual sales, but to gain deeper insight into a business, data needs to be turned into information. Which of the following offers an example of turning data into information?


Definitions:

Focus Group

A qualitative research method involving a small group of people gathered to discuss a particular topic or product under the guidance of a moderator.

College Instructors

Educators who teach students in post-secondary institutions, such as colleges and universities.

Management Textbook

A publication containing theories, practices, and case studies related to the management field.

Online Survey

A data collection tool where respondents answer questions over the internet for research or customer feedback purposes.

Related Questions