Which of the Following Is an Advantage of Using Open-Ended

question 50

Multiple Choice

Which of the following is an advantage of using open-ended questions?

• A) They make it easy for researchers to compare respondent groups.
• B) Relative to close-ended questions,it takes lesser time to ask and evaluate them.
• C) They help find new niches and perfect a product before it is introduced.
• D) They are the most convenient method when the sample size is large.

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Definitions:

Variable

In finance and economics, a variable represents a quantity or factor that can change and influence outcomes, such as price, interest rates, or investments.

Fixed

Pertaining to assets, costs, or charges that do not vary with the level of production or sales in the short term.

Cost Behavior Analysis

The study of how specific costs change in relation to changes in an organization's activity level.

Business Activity

Any actions undertaken by a company as part of its operations, including production, sales, marketing, and administration.