Which of the Following Is a Disadvantage of Using Information

question 139

Multiple Choice

Which of the following is a disadvantage of using information from internal databases?

• A) Obtaining information from internal databases is both time-consuming as well as expensive.
• B) It is not possible to verify information obtained from internal databases.
• C) Using information from internal databases leads to biased research findings.
• D) Internal information may be incomplete or in the wrong form for making marketing decisions.
• E) Internal databases do not support highly sophisticated technologies that make it difficult to store large volumes of data.

Describe various job pricing and job evaluation methods.

Comprehend the concepts of internal and external equity in compensation.

Analyze the impact of compensation strategies on employee behavior and organizational objectives.

Understand legal frameworks and ethical considerations in compensation management.

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Definitions:

Ending Retained Earnings

This is the total amount of net income left over for a company after it has paid out dividends to its shareholders, shown at the end of a financial period.

Net Income

The earnings a company has left after subtracting all costs, taxes, and expenses from its overall revenue.

Adjusting Entry

A journal entry made at the end of an accounting period to record revenue or expenses in the period they occur rather than when cash is received or paid.

Unearned Subscription Revenue

Refers to the money received for services or products that have not yet been delivered or performed, often recognized as a liability on the balance sheet.