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Betty and David Decide to Conduct a Survey to Observe

question 19

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Betty and David decide to conduct a survey to observe people's reaction to their innovative idea for a new product.With the help of an organization that conducts primary research,the couple are able to get the responses of people from their town.The results are very encouraging and they decide to start their company.What error have they committed?


Definitions:

Success Percentage

The proportion of attempts or operations that achieve their intended outcome, often expressed as a percentage.

Succession Management Programs

Strategic plans implemented by organizations to identify, develop, and retain talent for filling future leadership or key roles.

Future Leaders

Individuals within an organization who have been identified as having the potential to take on significant leadership roles in the future, usually as part of talent development programs.

Succession Management

A strategy for identifying and developing future leaders within an organization.

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