Which of the following statements correctly depicts the findings ofacademic paperSong, Wang and Parry, (2010)?

Select one:

In established markets, performance is more positively associated with the use of formal processes for utilizing market information, compared with emerging markets.

None of the statements presented here correctly represent that academic paper.

In emerging markets, performance is more positively associated with the use of formal processes for utilizing market information, compared with established markets.

Market information was not helpful to either new or established businesses.