Question
Cost estimates were obtained from two companies, as follows: O'Connell Research is a Canadian market research company that offers market research as well as mail,
Cost estimates were obtained from two companies, as follows: O'Connell Research is a Canadian market research company that offers market research as well as mail, telephone, and online survey services. For telephone surveys, O'Connell charges a flat setup fee of $500 per survey plus $28 per hour for caller time. DFNC is a telephone survey company located in the Philippines. The company charges a flat setup fee per survey plus an hourly rate for caller time. All fees are payable in Philippine pesos. At current exchange rates, the setup fee amounts to C$200 per survey, and the hourly rate amounts to C$16 per hour. In recent years, the Canadian dollar has varied approximately 20% relative to the Philippine peso.
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