WEEK 5: SECONDARY DATA

Question 1

• (also known as second-party data) refers to any dataset collected by any person other than the one using it.

Answer 1

SECONDARY DATA

Question 2

•Sources of Secondary Data

Answer 2

EXTERNAL
INTERNAL

Question 3

(data that originate inside the organization)

Answer 3

INTERNAL

Question 4

• (Data created, recorded, or generated by an entity other than the researcher’s organization.

Answer 4

EXTERNAL

Question 5

The primary advantage of secondary data is their ________. Obtaining secondary data is almost _________ ________ than acquiring primary data.

Answer 5

availability
always faster and less expensive

Question 6

•Types of Variables

Answer 6

DEPENDENT VARIABLE
INDEPENDENT VARIABLE

Question 7

•These are the variables that researchers manipulate or control to observe their effect on other variables. These are considered the “cause” in a cause-and-effect relationship.

Answer 7

INDEPENDENT VARIABLE

Question 8

•These are the variables that researchers measure or observe to see the effect of the independent variables. These are considered the “effect” in the relationship.

Answer 8

DEPENDENT VARIABLE

Question 9

EX. IN LOGISTICS
INDEPENDENT VARIABLE

Answer 9

1. Transportation Mode
2. Packaging
3. Information Systems

Question 10

EX. IN LOGISTICS
DEPENDENT VARIABLE

Answer 10

1. Delivery Time
2. Cost Of Logistics
3. Service Level

Question 11

EXAMPLES OF INDEPENDENT AND DEPENDENT VARIABLES IN MANAGEMENT

Answer 11

IV
1. Leadership Style
2. Training Programs
3. Workplace Environment

DV
1. Turnover Rate
2. Customer Satisfaction
3. Organizational Performance

Question 12

EXAMPLES OF INDEPENDENT AND DEPENDENT VARIABLES IN HUMAN RESOURCES

Answer 12

IV
1. Compensation Structure
2. Health and Wellness Programs
DV
1. Turnover Rate
2. Employee Morale

Question 13

EXAMPLES OF INDEPENDENT AND DEPENDENT VARIABLES IN OPERATIONS

Answer 13

IV
1. Inventory Levels
2. Process Technology
3. Facility Layout
DV
1. Product Quality
2. Lead Time
3. Cycle Time