Question 1 The complexity of the data on the Internet and the fast pace of online commercial activity have made which of the following decisions regarding the business research framework valuable? A. Gathering primary data over secondary data B. Conducting qualitative research instead of quantitative C. Having an outside research firm conduct the research instead of conducting it within the company D. Relying more on internal data sources than external Question 2 __________ is the use of often-sophisticated software tools to elicit patterns and impose order on sets of information. A. Sampling B. Web analytics software C. Listserv D. Data mining Question 3 In the Runkel and McGrath framework, Internet-based data are classified according to: A. whether they are descriptive, diagnostic, or predictive. B. whether they are primary or secondary. C. whether the source of the data was aware and who collected the data D. whether the data was collected for product-centered or competition-centered decision making. Question: Immediately following the terrorist attack on the UnitedState on September 11, 2001, the stock market plunged and many observers predicted a recession. Provide evidence that this can or did occur. How did this affect the economy of the United States? Give examples. 1. Choose the topic below that would make the most interesting narrative paragraph. Answer A) the shortcut you take on your way to work 1 b) the afternoon you spent cleaning the garage c) the day you locked your keys in your car during a blizzard D)thet ime you bought a new vacuum cleaner 2. Oakley, a manufacturer of protective eyewear for various kinds of sports, has introduced sunglasses that play music. The glasses weigh just a few ounces and can hold up to 120 songs. These sunglasses would be an example of a(n): (Points : 3) repositioning strategy new product line addition to an existing product line discontinuous innovation revision to existing products 3. When looking at our economy, you will find that we are focused on many different parts of the business cycles. What part of the business cycle are we operating in right now and can the Fed influence our economy? 1. When looking at the money supply, you will find that this is controlled by the Fed. When looking at the Fed, you will find that there are many factors that will change the supply of money. What would happen if the Fed would buy bonds, how would this affect the money supply and level of interest rates? 2. What types of communication would be most effective in persuading groups in an organization, including trainers, employees, programmers, and managers? Why?
