Ben Grissom Has Decided to Use Information Collected by the United

question 31

Multiple Choice

Ben Grissom has decided to use information collected by the United States government in his upcoming research project on cultural trends. Since Ben is not collecting this information himself, this is an example of:

• A) primary research.
• B) secondary research.
• C) tertiary research.
• D) parallel research.
• E) simplistic research.

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Definitions:

New Ventures

Initiatives or startups that are in their early stages of translating new business ideas into operational businesses.

Capital Budgets

Financial plans that allocate expenditures for acquiring and upgrading physical assets such as buildings and machinery.

Cash Outflows

The movement of money out of a business, project, or investment, typically related to expenses, purchases, or investments.

Cash Inflows

Money or assets that come into a company, typically through sales, financing, or investments.