Examlex
Describe what a product line extension strategy is. What are the advantages of this strategy? Describe a company you are familiar with that utilizes a product line extension growth strategy.
Responses
The answers or reactions provided by subjects in a research study or survey.
Sample
A portion of a broader demographic picked for the sake of conducting studies, observations, or questionnaires to collect data representative of the larger population.
Nonresponse Error
An error that occurs in survey research when some participants do not respond, potentially biasing the results.
Survey
A method for collecting information and data about a population by asking questions to a sample of that population to extrapolate insights or conclusions about the whole.
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