An Example of External Secondary Data Is ________

question 60

Multiple Choice

An example of external secondary data is ________.

• A) a new market research study conducted by an independent market research company
• B) a new market research study conducted by the firm's market research department
• C) company-based inventory records
• D) annual reports of competitors

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Definitions:

Attract Audience

The strategies or methods employed by businesses, entertainers, or content creators to draw attention and interest from a targeted group of people or the general public.

Working Prototype

A prototype that has enough features to be used for testing and validation of a product concept.

Crowdsourcing

The practice of obtaining ideas, services, or content by soliciting contributions from a large group of people, typically from an online community.

Financial Capital

The monetary resources and assets owned or available to an individual, organization, or country for use in production or investing.