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Ann [662]
3 years ago
8

Which of the following is a disadvantage of conducting primary research into a business problem? Multiple Choice It may not be p

ertinent to a business's particular problem. It cannot be influenced by preexisting opinions. It is more time consuming than secondary research. It cannot make use of open-ended questions. It is less reliable than secondary research.
Business
1 answer:
Nonamiya [84]3 years ago
5 0

Answer:

It is more time consuming than secondary research.

Explanation:

  • The primary research is the asking of questions and then listening and observing the behaviour of the target audiences and thus in order to be reliable, it must have to collect and analyze data.
  • It involves doing directly to the customers and future customers for the collection of information.
  • Thus the nature of the work is more time-consuming activity and depends a lot on the collection and gathering of the data and information processing.  
  • Except that high cost is also one of the disadvantages that are associated with the primary research.
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On January 1, Brad Inc. sold $30,000 in products to a customer on account. Then on January 10, Brad collected the cash on that a
ozzi

Answer:

No net effect on the accounting equation.

Explanation:

Given that,

On January 1, Products sold to a customer on account = $30,000

On January 10, Cash collected from a customer = $30,000

Accounting equation is as follows:

Assets = Liabilities + Stockholder's equity

On January 10,

The cash of $30,000 is received from the customer which increases the assets by $30,000 and reduces the accounts receivable by $30,000 which is also a part of assets. Therefore, there is no change or impact on the accounting equation.

3 0
4 years ago
A cost is $11,000 at 1,000 units, $12,000 at 2,000 units, and $13,000 at 3,000 units. Using the high-low method, how much is the
Misha Larkins [42]

Answer:

Fixed costs= $10,000

Explanation:

Giving the following information:

Highest activity cost= $13,000

Highest activity= 3,000 units

Lowest activity cost= $11,000

Lowest activity= 1,000 units

<u>To calculate the unitary variable cost and total fixed cost, we need to use the following formulas:</u>

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (13,000 - 11,000) / (3,000 - 1,000)

Variable cost per unit= $1

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 13,000 - (1*3,000)

Fixed costs= $10,000

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 11,000 - (1*1,000)

Fixed costs= $10,000

6 0
3 years ago
How is the price elasticity of demand​ measured? The price elasticity of demand is measured as
Kruka [31]

Answer:

B. the percentage change in the quantity demanded divided by the percentage change in price.

Explanation:

The formula to compute the price elasticity of demand is shown below:

= (Percentage change in quantity demanded ÷ Percentage change in price)

where,

The Percentage change in quantity demanded equals to

= (New quantity -  old quantity) ÷ ((New quantity + old quantity)

And, the Percentage change in price equals to

=  (New price -  old price) ÷ ((New price + old price)

4 0
3 years ago
Karen doesn’t like driving to the local bank branch, but doesn’t think that it is secure to do financial transactions on her pho
timofeeve [1]
It would probably be best to choose online banking and only use her local bank when necessary.
8 0
3 years ago
Read 2 more answers
"modern technology is developed from traditional technology".Explain​
Sindrei [870]

Answer:

We use various tools that we have adopted from early times. This can include the wheel, a very small example but a point proving one. It was a very old technological development, much to do with machinery though now we still use it in more advanced ways like the wheels of an aeroplane. Another technology development with meaning are computers. Earlier huge computers were used but when we see today they are more advanced in speed, accessibility and performance. Calculations were extremely hard to perform on earlier computers but when we see the much advanced laptop or p.c it is not very evident. Hope this helps you!

6 0
3 years ago
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