Observation Is Best Suited for ________ Research

question 127

Multiple Choice

Observation is best suited for ________ research.

• A) exploratory
• B) constructive
• C) experimental
• D) descriptive
• E) survey

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Definitions:

Sales Price

The final amount of money charged for a product or service, or the value that consumers are willing to pay.

Optimal Point

The most favorable position or condition that yields the maximum benefit or efficiency in a given situation, such as in investment or production.

Credit Policy

Rules a business adheres to for assessing a customer's eligibility for credit and the stipulations under which it is offered.

Opportunity Cost

The most valuable alternative that is given up if a particular investment is undertaken.