Exam 5: The Nature and Sources of Secondary Business Data

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When secondary data is obtained outside the company, it is considered a(n) _____ source.

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Secondary data cannot answer research questions adequately.

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Which type of secondary data is repeatedly collected as part of longitudinal studies?

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Secondary data is more costly than primary data.

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All of the following are elements of the research design that should be examined when evaluating secondary data EXCEPT _____.

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Define secondary data and compare and contrast internal and external sources. Provide an example of each.

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Compare and contrast time series and cross-sectional secondary data and discuss an example research design where each would be appropriate.

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If a researcher is interested in examining the employee turnover rate over time to determine if there are any trends or patterns that can be identified, which type of analysis is appropriate?

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Secondary data that comes from within the company is referred to a(n) _____ source.

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Which of the following pertains to comparing findings across time to identify trends or seasonal patterns?

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Which type of analysis is used when a researcher wants to compare findings across various clusters or market segments at a particular time to identify points of difference or similarity in performance or response patterns?

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