ENTREPRENEURIAL OPPORTUNITIES
MARKET RESEARCH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A carefully designed and controlled situation in which all important factors are the same except the one being studied is called a(n)
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survey
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hypothesis
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interview
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experiment
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Explanation:
Detailed explanation-1: -A true experiment is any study where an effort is made to identify and impose control over all other variables except one. An independent variable is manipulated to determine the effects on the dependent variables.
Detailed explanation-2: -What’s the Problem?: The first stage of the marketing research process involves defining the problem. Used to better define a problem or scout opportunities. In-depth interviews and discussions groups are commonly used.
Detailed explanation-3: -Simple random sampling. In simple random sampling (SRS), each sampling unit of a population has an equal chance of being included in the sample. Consequently, each possible sample also has an equal chance of being selected.
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