Which of the Following Could a Company Use to Obtain

question 6

Multiple Choice

Which of the following could a company use to obtain primary data?

• A) focus groups, mall interviews, and online surveys
• B) editorials in newspapers and rankings by consumer magazines
• C) publications by Statistics Canada, surveys published by charitable organizations, and research papers written by university professors
• D) articles in newspapers, magazines, and professional journals

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Definitions:

Business Operations

Business operations encompass the day-to-day activities a company engages in to run and achieve its objectives, including production, marketing, and management.

Principal

The original sum of money invested or loaned, before interest.

Agents

Individuals or entities authorized to act on behalf of another, typically in business transactions.

Agency Relationship

A legal relationship in which one party, the agent, is authorized to act on behalf of another, the principal, in business transactions with third parties.