Which of the Following Is TRUE of Collecting Data for Market

question 40

Multiple Choice

Which of the following is TRUE of collecting data for market research in global markets?

• A) The quantity and quality of data found in the United States are not available in most of the world.
• B) The culture in countries such as China and India encourages the free flow of information.
• C) International market data are easier to get and understand than domestic data.
• D) Essential information about economic and general business trends cannot be gathered from secondary sources.
• E) In most Western European countries, it is much more difficult to access quality data than in the rest of the world.

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Definitions:

Beneficial

Having a positive effect; contributing to a favorable outcome or advantage.

Sooner Rather Than Later

A phrase encouraging prompt action or decision making to avoid potential problems or to seize opportunities quickly.

Two-Column List

A method used for organizing information or data into two distinct columns, often for comparison, contrast, or dual categorization purposes.

Buying

The action of purchasing goods or services.