Author Question: Distinguish between primary and secondary data.[br][br][b][color=#9E3EA8]Question ... (Read 71 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?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

For a complete list of videos, visit our video library