A fast-food chain is redesigning its restaurants.One of the main questions faced by the chain's management is,"Should the new restaurant design include a salad bar?" A researcher in the company finds that salad bars are costly to maintain and are not a major attraction for consumers.Based on this information,management decides that it will not have a salad bar as part of the new restaurant design.Which of the following points is illustrated by this situation?
A) Situation analysis sometimes eliminates the need for conducting further research in a problem area.
B) Situation analysis is very costly in terms of both time and money.
C) Secondary data from sources outside the company are always better than secondary data from sources inside the company.
D) Secondary data from private sources are always better than secondary data from government sources.
E) Collecting primary data is always necessary in order to make good decisions.
Correct Answer:
Verified
Q177: A firm conducting sentiment analysis would
A)monitor online
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Q179: Which of the following would be a
Q180: Which of the following refers to an
Q183: Which of the following is a feature
Q185: The research proposal may include information about
Q186: What is the significance of a research
Q187: Which of the following statements explains why
Q242: _ research accounts for about 40 percent
Q255: About what percentage of marketing research spending
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