Secondary Data from Federal Government Sources

question 246

Multiple Choice

Secondary data from federal government sources

• A) is readily available, but there is usually not much information at state and local levels.
• B) focuses mostly on agriculture.
• C) is often very helpful for estimating the size of a market.
• D) is only available from the Commerce Department in Washington.
• E) None of the above is true.

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Definitions:

Business Activities

The tasks and actions that companies undertake to provide goods or services, generate revenue, and achieve their objectives.

Consumers

Individuals or organizations that use economic services or goods.

Distribution Intensity

indicates the level of market coverage aimed for a product, ranging from intensive, selective, to exclusive distribution strategies.

Exclusive

Items or services that are only available to a specific group, location, or timeframe, often implying high quality or unique status.