ENTREPRENEURSHIP

ENTREPRENEURIAL OPPORTUNITIES

MARKET RESEARCH

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is most likely to be an example of primary market research?
A
Magazines
B
Newspapers
C
Market research reports
D
Questionnaires
Explanation: 

Detailed explanation-1: -Some examples of a questionnaire are: Customer Satisfaction Questionnaire: This type of research can be used in any situation where there’s an interaction between a customer and an organization. For example, you might send a customer satisfaction survey after someone eats at your restaurant.

Detailed explanation-2: -Questionnaire are of different types as per Paul: 1)Structured Questionnaire. 2)Unstructured Questionnaire. 3)Open ended Questionnaire. 4)Close ended Questionnaire.

Detailed explanation-3: -Questionnaires can be classified as both, quantitative and qualitative method depending on the nature of questions. Specifically, answers obtained through closed-ended questions (also called restricted questions) with multiple choice answer options are analyzed using quantitative methods.

There is 1 question to complete.