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When Should a Marketer Use Secondary Data? What Are the Advantages

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Essay

When should a marketer use secondary data? What are the advantages of using such data and what cautions should be taken? Name and briefly describe the four broad areas that offer secondary data used by today's marketers.


Definitions:

Additional Paid-in Capital

The amount of money that shareholders pay in excess of the par value of shares during the issuance of stock.

Balance Sheet

The Balance Sheet is a financial statement that provides a snapshot of a company's financial condition at a specific point in time, listing assets, liabilities, and shareholders' equity.

Treasury Stock

Shares of a company's own stock that it has reacquired from shareholders and holds in its treasury.

Earnings Per Share

A financial metric that measures the amount of net income earned per share of a company's outstanding stock.

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