Marvin Is Looking for Data to Help Him with a New

question 87

Multiple Choice

Marvin is looking for data to help him with a new marketing research study assigned to him.When reviewing existing secondary data from a past research study,Marvin should pay careful attention to

• A) how the secondary data were collected.
• B) where the data were warehoused.
• C) whether or not the Census Bureau has certified the research.
• D) whether the data were transformed into information.
• E) how often primary data were substituted for secondary data.

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Definitions:

Inflation

The pace at which average prices for products and services climb, reducing the value of money.

U.S. Exports

Products and services created in the United States and exported to foreign nations.

International Tourism

Traveling to foreign countries for leisure, business or other purposes, which contributes to the economic and cultural exchange between nations.

Foreign Capital Inflow

The entry of capital from one country into another, where it is used to purchase assets or invest in business activities, often enhancing economic development.