Secondary market research is generally less valuable than primary market research. Which of the are reasons why this is true? (There may be multiple reasons — check all which apply) Group of answer choices Market conditions may change more rapidly than we expect. So if the research is not fresh there is a chance it will not accurately reflect the market. Secondary market research is cheaper. When you oversee new market research, you know the assumptions which go into the research which means you are better able to interpret the data. Market researchers of earlier research might have omitted information critical to the questions you need to answer.
Secondary market research is generally less valuable than primary market research. Which of the are reasons why this is true? (There may be multiple reasons — check all which apply) Group of answer choices Market conditions may change more rapidly than we expect. So if the research is not fresh there is a chance it will not accurately reflect the market. Secondary market research is cheaper. When you oversee new market research, you know the assumptions which go into the research which means you are better able to interpret the data. Market researchers of earlier research might have omitted information critical to the questions you need to answer.
Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
Related questions
Question
Secondary
Group of answer choices
Market conditions may change more rapidly than we expect. So if the research is not fresh there is a chance it will not accurately reflect the market.
Secondary market research is cheaper.
When you oversee new market research, you know the assumptions which go into the research which means you are better able to interpret the data.
Market researchers of earlier research might have omitted information critical to the questions you need to answer.
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