Kay & Maggie's, a beauty salon, is conducting a survey to find out how satisfied its customers are with the service provided at all its outlets. For this purpose, it distributes questionnaires and conducts personal interviews with its customers

Which form of data is being collected by Kay & Maggie's?
a. Primary
b. Ordinal
c. Secondary
d. Nominal


ANSWER: a

Kay & Maggie's is collecting primary data by distributing questionnaires and conducting personal interviews with its customers. Primary data is information collected for the first time.

Business

You might also like to view...

Discretionary income is the amount left after paying taxes.

Answer the following statement true (T) or false (F)

Business

The after-tax cost of debt is used to calculate the weighted average cost of capital since we are concerned with the after-tax cash flows of the firm.

Answer the following statement true (T) or false (F)

Business

Other things held constant, if a bond indenture contains a call provision, the yield to maturity (YTM) on the bond that would exist without such a call provision will be _____ the YTM with the call provision.?

A. higher than? B. ?lower than C. ?the same as D. ?moving with E. ?unrelated to

Business

Venus Airlines sends out mailers and e-mails to its customers announcing promotional airfares. Which of the following combinations of promotional media is Venus using?

A. advertising and direct marketing B. direct marketing and personal selling C. advertising and sales promotion D. sales promotion and public relations E. sales promotion and direct marketing

Business