Which of the Following Is One of the Quickest and Least

question 43

Multiple Choice

Which of the following is one of the quickest and least costly ways to conduct exploratory research?

• A) Focus group.
• B) Data mining.
• C) Benchmarking
• D) Literature search
• E) Case analysis

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Definitions:

Highest Productivity

The maximum level of efficiency in which goods and services are produced with the least amount of resources in a given time period.

Principle of Specialization

A core principle that suggests individuals or organizations are more efficient and effective when they focus on a limited set of tasks or a specific area of expertise.

Classical Management Approaches

Early theories of organizational management focusing on efficiency, hierarchy, and clear division of labor.

Adult Personality

The patterns of thoughts, feelings, and behaviors that are characteristic of an adult and distinguish them from others.