Which of the Following Is Not a Disadvantage of Secondary

question 85

Multiple Choice

Which of the following is not a disadvantage of secondary data?

• A) Secondary data may be lacking in accuracy.
• B) Secondary data may be expensive and time consuming.
• C) Secondary data may not be completely current or dependable.
• D) The objectives,nature,and methods used to collect the secondary data may not be appropriate to the present situation.

Familiarize with global standards and organizations promoting sustainability and CSR.

Understand the concept of the triple bottom line and its components.

Acknowledge the difference between CSR initiatives and traditional corporate strategies.

Recognize the importance of tailored performance measurement systems for diverse corporate divisions.

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Definitions:

Automobile Industry

The sector of the economy that manufactures and sells motor vehicles.

Inputs

Resources such as labor, materials, and capital that are used in the production process to produce goods and services.

Output

The total amount of goods or services produced by a company or country.

Economies of Scale

Cost advantages that enterprises obtain due to their scale of operation, typically characterized by a reduction in average costs with increased production.