MANAGEMENT

BUISENESS MANAGEMENT

MARKET RESEARCH

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
While you are gathering the data is important to:
A
Confirm research results with more than one secondary source, if possible
B
Discover additional things you need to find out
C
Act on the plan
D
Collect the data you list
E
All the above are correct
Explanation: 

Detailed explanation-1: -Accurate data collection is necessary to make informed business decisions, ensure quality assurance, and keep research integrity. During data collection, the researchers must identify the data types, the sources of data, and what methods are being used.

Detailed explanation-2: -Quantitative research produces the most accurate and meaningful insights for analysis. Surveys are a common form of quantitative data collection and can be created and completed online, making them a convenient and accessible choice. However, they must be well-designed and executed to ensure accurate results.

Detailed explanation-3: -The data collection provides the basis for reliability estimations. Thus, a good data collection procedure is crucial to ensure that the reliability estimate is trustworthy. A prediction is never better than the data on which it is based. Thus, it is important to ensure the quality of the data collection.

There is 1 question to complete.