Examlex
Saks Fifth Avenue wants to learn about its consumers' attitudes toward online purchases. There are numerous studies that are available about consumers and online buying, but Saks believes its customers might be different from the usual online consumer profile, so they decide to conduct their own study. If Saks were to use the available data about consumer attitudes, it would be using ___ data; however, if Saks does its own study it would collect ______ data.
DVCs
Digital Video Cameras; devices that record video in a digital format, often used for surveillance, creating content, and personal use.
Raw Materials
The basic materials from which products are made, typically natural resources such as minerals, wood, or cotton.
High-Technology Goods
Products that incorporate advanced scientific research and new technological innovations, often characterized by high research and development costs.
GDP
Gross Domestic Product, the total market value of all final goods and services produced within a country in a given period of time.
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