ABC Company Has Decided to Use Mail Questionnaires to Collect

question 19

Multiple Choice

ABC Company has decided to use mail questionnaires to collect data.Management recognises this method has all the following advantages EXCEPT which one?

• A)low cost per respondent
• B)more honest answers may be given
• C)has an average response rate
• D)has no interviewer to bias respondents' answers
• E)can collect large amounts of information

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Definitions:

Absolute Advantage

The ability of an entity to produce a good or offer a service more efficiently than its competitors when using the same amount of resources.

Absolute Advantage

The capability of an individual, company, or country to produce a good or service at a lower cost per unit than competitors.

Comparative Advantage

The ability of an entity to produce a good or service at a lower opportunity cost than another entity, leading to more efficient trade and production.

Comparative Advantage

The ability of an entity to produce a good or service at a lower opportunity cost than others.