_____ Is Collected by Outside Organizations Such as Federal and State

question 54

Multiple Choice

_____ is collected by outside organizations such as federal and state governments, trade associations, nonprofit organizations, marketing research services, or academic researchers.

• A) Internal primary data
• B) Internal secondary data
• C) External secondary data
• D) External primary data
• E) Internal tertiary data

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Definitions:

Long-Term Perspective

An approach to planning and decision-making that considers impacts and outcomes over an extended period, rather than focusing on short-term results.

Entrepreneurial Transformations

The process by which businesses or individuals innovate or change their strategies and operations to adapt to new markets or overcome challenges.

Philanthropist

An individual who seeks to promote the welfare of others, especially by donating large sums of money to charitable causes.

Public School

An educational institution that is funded and operated by the government, offering free education to students.