Author Question: Distinguish between primary and secondary data.[br][br][b][color=#9E3EA8]Question ... (Read 43 times)

vinney12

  • Hero Member
  • *****
  • Posts: 586
Distinguish between primary and secondary data.

Question 2

What are the four basic strategies a company can pursue when identifying market opportunities?



CourtneyCNorton

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

Primary data is data not previously collected; secondary data is data that has been previously collected.

Answer to Question 2

The four basic strategies are (1 ) pursue no new products or markets, (2 ) introduce new products into existing markets, (3 ) introduce existing products into new markets, and (4 ) introduce new products into new markets.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

CourtneyCNorton

  • Sr. Member
  • ****
  • Posts: 317

 

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

For a complete list of videos, visit our video library