Information research process:
a. helps understand the value of the research compared to the cost.
b. gathers and synthesizes background information to familiarize the researcher with the overall complexity of the problem.
c. is a systematic approach to collecting, analyzing, interpreting, and transforming data into decision-making information.
d. specifies whether data should be collected about individuals, households, organizations, departments, geographical areas, or some combination.
e. serves as a written contract between the decision maker and the researcher.
Answer: c. is a systematic approach to collecting, analyzing, interpreting, and transforming data into decision-making information.
You might also like to view...
Firms receive cash inflows and disburse cash outflows for investing activities such as to
a. pay dividends. b. build their productive capacity by acquiring property, plant, and equipment. c. make debt service payments. d. all of the above. e. none of the above.
A _____ estimate is used for making many purchasing decisions for which accurate estimates are required and for estimating final project costs
a. budgetary b. definitive c. rough order of magnitude d. final