Which of the Following Is Most Likely to Be an Example

question 8

Multiple Choice

Which of the following is most likely to be an example of secondary data?

• A) Completed questionnaires
• B) Customer conversations on a website
• C) Interview tapes
• D) a Bought in market research report (e.g. Mintel)
• E) SPSS output

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Definitions:

Cost Of Goods Sold

The immediate expenses associated with manufacturing the products a company sells, such as materials and workforce costs.

Inventory

The complete inventory of products and materials that a company keeps for the aim of either selling them or using them in manufacturing.

Tangible Assets

Assets with a physical form such as machinery, buildings, and land that a company owns and uses in its operations.

Long-Term Debt

Refers to loans and financial obligations lasting over one year.