Which of the Following Is a Disadvantage of Survey Research

question 6

Multiple Choice

Which of the following is a disadvantage of survey research?

• A)It is dependent on the availability of existing datA.
• B)The "typically occurring habitat" being observed cannot be controlled.
• C)A small sample cannot be used to infer attitudes and behavior of a larger population.
• D)The sample may not be representative of the larger population.

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Definitions:

Perfect Competition

An ideal market scenario in which there are many buyers and sellers, homogeneous products, and no barriers to entry or exit.

Transfer Pricing Formula

A method used to determine the price at which goods and services are sold between divisions within the same company.

Variable Cost

Costs that vary in total in direct proportion to changes in the level of activity or volume of output produced.

Divisional Managers

Managers who are responsible for overseeing the operations, profitability, and strategic planning of a specific division within a company.