Even Though Primary Data Can Be Especially Valuable to an Individual

question 281

Multiple Choice

Even though primary data can be especially valuable to an individual firm, secondary data are often used because

• A) secondary data are much more up-to-date and tailored to a specific firm or industry.
• B) secondary data, although far more expensive, are also much more reliable.
• C) primary data are usually more costly and time-consuming to collect.
• D) primary data can be accessed by virtually anyone so the information generated loses much of its value.
• E) primary data are less fact and figure based; they are more subjective and therefore more vulnerable to misinterpretation.

Differentiate between explicit and implicit premises in an argument.

Grasp the technique for identifying the main conclusion of arguments in a discussion.

Acknowledge the importance of evaluating arguments for over-simplification.

Comprehend how decision mapping relates to argument mapping and the identification of decision-making processes.

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Definitions:

Database Server

A server that provides database services to other computer programs or computers, as defined by the client-server model.

Availability

The state of being able to be used or obtained.

Cloud Technologies

A collection of IT resources and services that are accessed through the internet, offering scalable and flexible computing capabilities.

SELECT

A SQL command used to retrieve data from a database.