Information is_______________________  Data collected about concerning some fact or circumstances  Knowledge communicated or received concerning some fact or circumstance  Verbal communication between states  None of above    One of the information collection methods is...............  Client or customer survey  Market studies  Newspapers & Journals  All of Above    Information must be_________________  Accurate  Correct and significant  Puff  None of above

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Part A- Multiple- Choice Questions (Attempt all Questions) 

Tick or Circle the most appropriate response 

  1. Information is_______________________ 
  1. Data collected about concerning some fact or circumstances 
  1. Knowledge communicated or received concerning some fact or circumstance 
  1. Verbal communication between states 
  1. None of above 

 

  1. One of the information collection methods is............... 
  1. Client or customer survey 
  1. Market studies 
  1. Newspapers & Journals 
  1. All of Above 

 

  1. Information must be_________________ 
  1. Accurate 
  1. Correct and significant 
  1. Puff 
  1. None of above 

 

  1. ______________ is a type of information gathering tools. 
  1. Application forms 
  1. Computers 
  1. Contracts 
  1. All of above 

 

  1. Business technologies include______________ 
  1. Newspapers, journals and surveys  
  1. Computers, emails, internet, telephone, fax and so on 
  1. Telephone conferencing and video conferencing 
  1. B and C 

 

  1. ___________ are commonly used in retail stores? 
  1. Magnetic strips 
  1. Barcodes 
  1. Passwords 
  1. None of Above 

 

  1. How will you organize collected information? 
  1. Using papers 
  1. Using technology 
  1. Creating files and folders 
  1. All of above 

 

  1. Monitoring information mean___________________ 
  1. Checking in a computer 
  1. Check the bank statement 
  1. Checking, observing or recording 
  1. None of above  

 

  1. Why we need to back up our information____________ 
  1. To protect data being corrupted  
  1. To avoid of data stolen 
  1. To secure valuable information  
  1. All of above 

 

  1. One of the key research objectives is______ 
  1. Situational diagnosis 
  1. Present the results 
  1. Conduct research 
  1. None of above 

 

  1. Identify the requirements organizations must pursue to guide research projects? 
  1. Generic requirements 
  1. Research objectives 
  1. Hypothesis analysis 
  1. A and B 

 

  1.  The research finding must be based on _______________ 
  1. Logical, true and useful data 
  1. Logical, puff and useful data 
  1. Logical, true and un useful  
  1. All of above 

 

  1. Research strategies include:____________ 
  1. Documentation reviews, data analysis 
  1. Focus group, product sampling 
  1. Surveys, including interviewing 
  1. All of Above 

 

  1. Assumptions are______________________ 
  1. The thing we saw 
  1. The thing we assume 
  1. The thing we believe 
  1. The thing we know 

 

  1. What are the things we need to consider for your audience? 
  1. Relevance of information 
  1. Education levels, ages and likely biases 
  1. Prior knowledge and understanding of the topic 
  1. All of above 
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