Several Market Research Companies Pay Households and Businesses to Record

question 49

Multiple Choice

Several market research companies pay households and businesses to record all their purchases using a paper or electronic diary, which allows for an economical way to collect consistent data over time. These data are referred to as

• A)sponsored data.
• B)data reciprocity.
• C)syndicated sampling.
• D)syndicated panel data.
• E)data journaling.

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Definitions:

Transportation Revolution

The Transportation Revolution refers to the period of rapid growth in the speed and convenience of transportation in the 19th century, marked by the expansion of railroads, steamships, and the development of new infrastructure.

American Society

The complex social structure of the United States characterized by diverse cultures, traditions, economic practices, and political ideals.

Impact

The effect or influence of one thing on another, often used to describe significant or powerful effects.

Attitudes Towards Progress

Refers to the varied perspectives and opinions individuals or societies hold about the nature and direction of societal, technological, or economic development.