International Business: The Challenges of Globalization (8th Edition)
8th Edition
ISBN: 9780133866247
Author: John J. Wild, Kenneth L. Wild
Publisher: PEARSON
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Chapter 12.3, Problem 3QS3
Summary Introduction
To Determine:
What is a potential problem that can arise with the use of secondary research data?
Introduction:
Use of secondary research data can be problematic as there might not always be correct data available. Data is usually needed according to a certain situation whereas, secondary data is just common data which might not be relevant to a particular situation. The data available can be excessive, incomplete or not adequate. Also, sometimes the information is not obtainable instantly and it might be very costly to collect the data.
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Title: Does the educational performance depend on its literacy rate and government spending over the last 10 years? In the introduction, there are four things to include:a) Clearly state your research topic follows by country’s background in terms of (population density; male/female ratio; and identify the problem leading up to the study of it, such as government spending and adult literacy rate. How does the US perform compared to other countries.b) State the research question that you wish to resolve: Does the US economic performance depend on its government spending on education and the literacy rate over the last 10 years. Define performance (Y) as the average income per capita, an indicator of the country’s economy growing over time. For example, an increase in government spending leads to higher literacy rates and subsequently higher productivity in the economy. Also, mention that you will use a sample size of 10 years of secondary data from the existing literature,…
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International Business: The Challenges of Globalization (8th Edition)
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