Compared to Primary Data, Secondary Data Have the Main Advantage

question 34

Multiple Choice

Compared to primary data, secondary data have the main advantage of:

• A) being up-to-date.
• B) having greater relevance to a specific issue.
• C) being both internally and externally focused.
• D) being dramatically lower in cost.
• E) being readily accessible in electronic format.

Understand the influence of economic considerations on support for the Constitution's ratification.

Recognize the various factors influencing individual support or opposition to the Constitution, including economic status and geographic location.

Acknowledge the impact of the Constitution on developing a national identity and addressing the rights of minority groups.

Understand the debate surrounding the inclusion of a Bill of Rights in the Constitution.

---

Definitions:

Raw Materials

the unprocessed or minimally processed resources used to manufacture finished goods, such as metals, plastics, or textiles.

Retained Earnings

Cumulative net income of a company that is retained within the business rather than distributed to shareholders as dividends.

Cost of Goods Sold

The total cost directly associated with producing goods, including materials and labor expenses, that a company sells during a specific period.

Collections

The process of recovering amounts owed to a business by its debtors or customers.