Although Fairly Inexpensive and Widely Used,single-Source Data Should Be Used

question 75

True/False

Although fairly inexpensive and widely used,single-source data should be used with caution because the data tend to be unreliable and weak in external validity.

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Definitions:

Sustainable Business

A company that conducts its operations in an environmentally and socially responsible manner, aiming for long-term viability and minimal negative impact.

Corporate Accountability

Refers to a company's responsibility towards its stakeholders, including consumers, employees, and the community, to operate in a transparent, fair, and ethical manner.

Impact Investing

An investment strategy focused on generating positive, measurable social and environmental impact alongside a financial return.

Preliminary Research

Initial investigations or studies conducted to gather basic information before embarking on a more detailed project or research.