Clyde Wants to Open a New Store in His Neighborhood

question 35

Multiple Choice

Clyde wants to open a new store in his neighborhood but needs to first collect relevant data.A cost-effective way to start his research is by:

• A)relying exclusively on primary data collection because it can be customized to ensure relevance.
• B)collecting secondary data to narrow the list of possible locations, then use the results to focus primary research efforts on a limited number of possible locations.
• C)relying solely on secondary data, even if it is insufficient. This allows the firm to free up both time and financial resources for the design and development of the actual store.
• D)collecting primary data. Then, once the primary data is collected, use secondary sources to refine and verify the results.

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Definitions:

Loss Of Volition

A decrease or loss in the ability to make decisions or initiate actions on one's own.

Motor Cortex

The region of the cerebral cortex involved in planning, control, and execution of voluntary movements.

Schizophreniform Disorder

A disorder in which all of the key features of schizophrenia are present but last only between one and six months.

Duration Of Symptoms

Refers to the length of time an individual has experienced the signs and symptoms of a particular medical or psychological condition.