Which of the Following Is an Example of Qualitative Data

question 41

Multiple Choice

Which of the following is an example of qualitative data?

• A) increase in profit margin over a five-year period
• B) average weight of employees of the organization
• C) preferred color of most employees in the organization
• D) number of units produced on a daily basis

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Definitions:

Cost Efficiency

The optimization of resources to ensure the best possible output for the least amount of input, emphasizing minimal waste of resources.

Operating Objectives

Specific, measurable goals that an organization aims to achieve in its daily operations to ensure efficiency and success.

Strategic Objectives

Long-term goals an organization aims to achieve, which guide its strategic directions and priorities.

Corporate Objectives

The strategic targets or goals that a company aims to achieve, which guide its business practices and decision-making processes.