Which of the Following Might Be an Advantage of Participant

question 52

Multiple Choice

Which of the following might be an advantage of participant observation research?

• A) The researcher has considerable control over the conditions of the research.
• B) The researcher can uncover what people do rather than simply what they say they do.
• C) The research itself is often limited in scope-which is important to sociological research.
• D) It is a useful method for studying large and diverse populations.

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Definitions:

Target Costing

A pricing strategy where a product’s selling price is determined first based on market conditions, and then the manufacturing cost is managed to ensure profitability.

Life Cycle Cost

Encompasses all costs associated with a product or asset over its entire life, from acquisition through disposal.

Cost-plus Price

An approach where the selling price of a product is fixed by appending a set markup to the product’s per-unit cost.

Appraisal Costs

Costs associated with the inspection and testing of materials and products to ensure quality standards are met.