Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Managers of small businesses and nonprofit organizations can obtain marketing insights by observing things around them. Managers can conduct informal surveys using small convenience samples.

Managers of small businesses and nonprofit organizations can obtain marketing insights by observing things around them. Managers can conduct informal surveys using small convenience samples. Small organizations can obtain most of the secondary data available to large businesses.

International marketing researchers follow the same steps as domestic researchers. The international researcher may have a difficult time finding good secondary data. International researchers often must collect their own primary data. Reaching respondents is often not easy in other parts of the world. Cultural differences from country to country cause additional problems for international researchers. Language is the most obvious obstacle. Even when respondents are willing to respond, they may not be able to because of high functional illiteracy rates.

Is it a benefit or a detriment for consumers if large companies sell this data to others? How might data threaten a companies competitors?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Services Marketing Concepts, Strategies, & Cases

Authors: Douglas Hoffman, john Bateson

4th edition

1439039399, 978-1439039397

More Books

Students also viewed these Marketing questions

Question

Complete the following alcol reaction? . | || IV

Answered: 1 week ago