Which of the Following Designs Is Most Useful in Situations

question 8

Multiple Choice

Which of the following designs is most useful in situations where current theory regarding the subject of investigation is inadequate or nonexistent?

• A)Case study
• B)Ethnography
• C)Grounded theory
• D)Phenomenology

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Definitions:

Peak Efficiency

The state of operating at the maximum possible efficiency, where resources are used most effectively and wastage is minimized.

Profits

The financial gain realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.

Total Profit

Total profit is the financial gain a business achieves after subtracting total costs from total revenue.

AVC

Average Variable Cost, which is the cost a company incurs to produce each additional unit of product, excluding fixed costs.