Which of the Following Questions Should Be Asked by a Marketing

question 85

Multiple Choice

Which of the following questions should be asked by a marketing researcher when trying to establish the reliability of secondary data sources in the international arena?

• A) How much do the data cost?
• B) What language is used in the parent country?
• C) How long did it take to complete the survey in question?
• D) For what purposes were the data collected?
• E) What type of survey was used during data collection?

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Definitions:

Oats

A species of cereal grain grown for its seed, which is known for its health benefits and is used as livestock feed, oatmeal, and oat milk.

Absolute Advantage

The ability of a country or entity to produce a good using fewer resources than another producer, indicating higher efficiency.

Comparative Advantage

The ability of an entity to produce a good or service at a lower opportunity cost than its competitors, leading to more efficient trade benefits.

Opportunity Cost

The forfeiting of possible gains that could be obtained from exploring other options, when one is chosen.