This topic contains a solution. Click here to go to the answer

Author Question: How many methods of data collection do marketing researchers use? Name and define ... (Read 26 times)

Mollykgkg

  • Hero Member
  • *****
  • Posts: 529
How many methods of data collection do marketing researchers use? Name and define them.

Question 2

Describe how businesses can find international markets.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

potomatos

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

Marketing researchers use two methods of data collection. Quantitative data collection obtains data in a way that allows for statistical analysis. Qualitative data collection uses techniques such as interviews or focus groups to obtain non-numeric information.

Answer to Question 2

Businesses find international markets in a number of ways. Often a business will receive an unsolicited request for a product. Businesses can also enlist the help of third parties such as national or state trade missions to find international markets. These trade missions show products, distribute promotional material, and help develop contacts. Businesses also can actively identify new markets by conducting their own research or participating in international travel.




Mollykgkg

  • Member
  • Posts: 529
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


milbourne11

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

For a complete list of videos, visit our video library