GENERAL KNOWLEDGE

GK

MARKETING MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
External marketing data comes from sources outside the business such as ____
A
trade journals
B
inventory records
C
customer complaints
D
sales forecasts
Explanation: 

Detailed explanation-1: -Published sources of strategic information include periodicals, journals, reports, government documents, abstracts, books, directories, newspapers, and manuals. A company website is usually an excellent place to start to find information about a firm, particularly on the Investor Relations web pages.

Detailed explanation-2: -The main sources of external secondary sources are (1) government (federal, state and local) (2) trade associations (3) commercial services (4) national and international institutions.

Detailed explanation-3: -(a) Periodicals and Newspapers: Business magazines and journals published periodically contain data which is very useful for marketing research; Newspapers such as Economic Times and Financial Express also contain data regarding business trends and market reports.

There is 1 question to complete.