For example, a manager for Wal-Mart may have sufficient secondary data on incomes, family sizes, number of competitors, and growth potential to determine in which of five Iowa towns Wal-Mart wishes to locate its next store. And if traffic counts exist for the selected town, primary data will have to be gathered to select a specific site for the store. True False Which question should be posed in determining the accuracy of secondary data? A. What information was collected? B. What was the purpose of the study? C. Both a & b. D. Neither a nor b.
For example, a manager for Wal-Mart may have sufficient secondary data on incomes, family sizes, number of competitors, and growth potential to determine in which of five Iowa towns Wal-Mart wishes to locate its next store. And if traffic counts exist for the selected town, primary data will have to be gathered to select a specific site for the store. True False Which question should be posed in determining the accuracy of secondary data? A. What information was collected? B. What was the purpose of the study? C. Both a & b. D. Neither a nor b.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Question
For example, a manager for Wal-Mart may have sufficient secondary data on
incomes, family sizes, number of competitors, and growth potential to determine in which of five Iowa towns Wal-Mart wishes to locate its next store. And if traffic counts exist for the selected town, primary data will have to be gathered to select a specific site for the store.
incomes, family sizes, number of competitors, and growth potential to determine in which of five Iowa towns Wal-Mart wishes to locate its next store. And if traffic counts exist for the selected town, primary data will have to be gathered to select a specific site for the store.
True
False
Which question should be posed in determining the accuracy of secondary data?
| A. |
What information was collected?
|
|
| B. |
What was the purpose of the study?
|
|
| C. |
Both a & b.
|
|
| D. |
Neither a nor b.
|
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