Question 17 (1 point) A pie-chart is a visual tool a researcher would use to display quantitative data related to different entities and different categories of interest for those entities. True False Question 18 (1 point) Qualitative research collects information that can be analyzed numerically, while quantitative research collects descriptive information and is often communicated verbally or in writing. True False Question 26 (1 point) The two most frequently cited advantages of secondary data are: Data is confidential Reduced cost Data collection is quick a. and c. b. and c. Question 21 (1 point) The following is/are reason(s) why defining research objectives is a critical first step in the research process: Research is focused and costs are kept down Clear objectives cause delays in information being collected Distance and travel to foreign markets are relatively short and inexpensive so research does not significantly save time or cost All of the above are important reasons to define research objectives Question 27 (1 point) Companies are finding that a rush to low cost country sourcing (on the basis of solely considering landed cost) can lead to: Profit erosion - longer and more unpredictable lead times which cause the company to hold more safety stock Missed profit maximization - longer and more unpredictable lead times prevent the company from capturing upside demand and associated profit Longer lead time and additional costs - additional time and costs required to address triple bottom line issues, ensuring suppliers adhere to ethical social and environmental practices All of the above None of the above The order in which secondary research should be conducted is arranged as follows: i. Public documents ii. Online search iii. Semi-private sources iv. Internal sources v. Private sources Oi., ii., iii., iv., V. iii., il., iv., i., V. ., v. ii., iv., i., iii., v. iv., ii., i., iii., v. , O . iv., ii., i., V., iji. Question 34 (1 point) The following guidelines can be used to ensure online information is accurate: If there is any doubt about the information presented on a website, do not use it Examine links such as ones labelled "about this site to discern who the authors are. Try to determine the purpose for which the website was created inform, persuade, sell) Look for references to the information provided. Are the references from . reputable sources? All of the above. Question 32 (1 point) The following are common reasons why a company would pursue a new international venture: To increase the organization's capabilities To increase their competitiveness and competitive advantage To generate new revenue streams a. and c. . . all of the above