A Major Disadvantage of Primary Data Collection Is

question 135

Multiple Choice

A major disadvantage of primary data collection is

• A)it can be accessed only through syndicated databases or unstructured data mines.
• B)it cannot be tailored to meet specific research needs.
• C)it requires more sophisticated training and experience to design the study and collect data.
• D)it is too general to meet researcher's and manager's needs.
• E)it does not offer behavioral insights that can be obtained from secondary data.

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Definitions:

Held-for-Collection Investments

Investments acquired with the intention of holding them to collect their contractual cash flows, rather than for selling in the near term.

Equity Method

An accounting technique used for recording investments in associate companies where the investor has significant influence over the investee.

Carrying Value

The book value of an asset on a company's balance sheet, derived from its original cost minus accumulated depreciation or amortization.

Net Income

The total profit of a company after all expenses, including taxes and operating costs, have been deducted from total revenues.