What Is the Best Method of Collecting Data in a Needs

question 42

Multiple Choice

What is the best method of collecting data in a needs analysis process?

• A) any combination of methods that uses at least three of the nine methods
• B) typically, a combination of interviews, observations, and work samples
• C) the combination of methods that most likely results in senior management approval
• D) available resources, analyst expertise, and the nature of the responses should drive the choice of method

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Definitions:

Total Costs

The complete amount of expenses incurred by a business, combining both fixed and variable costs associated with production.

Inputs Prices

Prices of goods or services that are used in the production of other goods or services.

Profit-maximizing

The process or strategy of adjusting production and sale operations to achieve the highest possible profit.

Least-cost Combination

An economic principle where businesses aim to produce a given level of output at the minimum possible cost by appropriately combining resources.