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Alison is at a workshop where a presenter is attempting to persuade people to make a rather risky but potentially profitable financial investment.After carefully considering the presenter's arguments,Alison finds this person's idea sound and compelling and decides to invest.This example best demonstrates the:
Primary Data
Data collected first-hand for a specific research purpose, directly from the source, to answer a particular question or problem.
Primary Data
Data that is collected firsthand for a specific research purpose, through methods like surveys or experiments.
External Data
Information sourced from outside the organization, used for analysis, benchmarking, or decision-making processes.
Mass Customization
A production technique that allows for personalization or tailoring of products to individual customers' preferences while maintaining the efficiency of mass production.
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