What Is One of the Major Advantages of Using Focus

question 3

Multiple Choice

What is one of the major advantages of using focus groups compared to other qualitative forms of data collection?

• A) Participants tend to feel empowered.
• B) Participants can give accounts in their own words and unexpected responses are encouraged.
• C) It's possible to make comparisons across time and space.
• D) The researcher is able to gain a deep understanding of a group and its members.
• E) Implied meanings in "text" situations can be revealed.

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Definitions:

Inflow of Payments

The total amount of money coming into a firm, organization, or economy from various sources over a period of time.

Bretton Woods

Refers to the international monetary system established in 1944, which set up fixed exchange rates and established the International Monetary Fund (IMF) and the World Bank.

Monetary System

The set of mechanisms and institutions that a country uses to manage its money supply, including the minting of coins, printing of banknotes, and regulation of credit.

Exchange Rates

The value of one currency for the purpose of conversion to another, indicating how much of one currency can be exchanged for another currency.