Research Can Be Divided into Different Types Based on Information

question 94

Multiple Choice

Research can be divided into different types based on information needs.All of the areas below fit these different types EXCEPT:

• A)general information about the country,area,and/or market.
• B)information necessary to forecast future marketing requirements by anticipating social,economic,consumer,and industry need trends within specific markets or countries.
• C)specific market information used to make product,promotion,distribution,and price decisions.
• D)specific information necessary to attract investors from foreign countries or markets.
• E)specific market information used to develop marketing plans.

---

Definitions:

Expected Income

The amount of money one anticipates receiving over a certain period, taking into account various income sources and factors.

Probability

The likelihood of a particular event or outcome occurring, often expressed as a fraction, percentage, or a ratio.

Expected Income

Expected income is the income a person or entity anticipates receiving over a certain period, based on current or future economic factors.

Utility Maximizer

An economic actor who seeks to get the maximum satisfaction or utility from resources available, under the constraints faced.