Cambridge Technicals in IT - Unit 02 - LO5.1

What is an internal source of information?

• Supplier price list.
• Market analysis.
• Financial report from a third party.
• Interest rate charged on a loan.

Answer explanation

Internal sources come from within an organisation, such as market analysis or internal financial reports.

Which of the following is an example of an external information source?

• Company’s internal financial report.
• Employee feedback report.
• Supplier price list.
• Sales data from the company’s CRM.

Answer explanation

External sources originate outside an organisation, such as supplier price lists or third-party financial reports.

What type of data is collected directly from employees?

• Primary data.
• Secondary data.
• External data.
• Qualitative data.

Answer explanation

Primary data is collected firsthand, such as reports direct from employees.

Which of the following is an example of secondary data?

• Survey results from a market research organisation.
• A company’s internal financial report.
• Foot measurements taken in a shoe shop.
• Employee performance evaluations.

Answer explanation

Secondary data is collected by another entity and used for analysis, such as market research surveys.

What is an example of qualitative data?

• The number of employees in an organisation.
• The expiry date of medicines.
• The colour of products.
• The amount of money spent on marketing.

Answer explanation

Qualitative data describes attributes that cannot be measured numerically, such as colour.

Which of these is an example of quantitative data?

• The names of employees.
• The interest rate on a loan.
• The material of a product.
• The opinions of customers.

Answer explanation

Quantitative data is numerical, such as interest rates or the number of employees.

What is the main purpose of primary data?

• To provide information collected directly for a specific purpose.
• To summarise previous research.
• To analyse historical trends.
• To compile third-party reports.

Answer explanation

Primary data is collected firsthand for a specific research purpose.

How is secondary data typically obtained?

• By conducting original research.
• By gathering information from internal staff.
• By using existing sources such as reports or surveys.
• By taking direct measurements.

Answer explanation

Secondary data is obtained from pre-existing sources, such as reports or surveys.

Which data type describes facts that can be measured numerically?

• Qualitative data.
• Quantitative data.
• Primary data.
• External data.

Answer explanation

Quantitative data consists of measurable numerical values.

What is a key disadvantage of secondary data?

• It is expensive to collect.
• It may not be specific to the research need.
• It is always more reliable than primary data.
• It is difficult to find.

Answer explanation

Secondary data may not be entirely relevant to the specific needs of a research project.