Secondary data involves information that has been collected or published already.
Answer the following statement true (T) or false (F)
True
Secondary data refers to information that has been collected or published already.
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For a pharmaceutical company, the most suitable base for allocating research and development costs to the finished products would be the ________.
A) direct labor hours B) cost of raw materials purchased C) number of new patents filed D) number of set ups
Some retailers advertise items at very low prices or even below cost just to get customers into the store
The rationale for implementing this ________ strategy is the belief that once a customer is in the store she will buy the advertised item as well as other items at regular prices. A) bait-and-switch B) price lining C) predatory pricing D) loss leader pricing E) dynamic pricing
If the profit margin for a division is 11% and the investment turnover is 1.5, the rate of return on investment is 7.3%
Indicate whether the statement is true or false
What economic environment is associated with the highest entrepreneurial self-perceptions (feeling they could start a business)?
a. efficiency-driven b. factor-driven c. people-driven d. innovation-driven