Someone Making the Statement,"Before We Begin This Project,we'll Have to Hire

question 13

Multiple Choice

Someone making the statement,"Before we begin this project,we'll have to hire someone to interview people to find out how many people in a 50-mile radius could use our service,what their average income is,and what their occupations are." is preparing to:

• A)collect primary data.
• B)collect internal secondary data.
• C)collect external secondary data.
• D)perform a sensitivity analysis.

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Definitions:

ERPs

Enterprise Resource Planning systems integrate various functions and departments of a company into one comprehensive IT system to streamline processes and information across the organization.

FAISs

Financial Accounting Information Systems, which are specialized systems designed to support financial accounting and reporting activities.

Informed User

A person who is knowledgeable about information systems and information technology.

IT Components

Fundamental parts or elements that make up information technology systems, such as hardware, software, and networks.