When a company acquires consumer-panel data from firms like A.C. Nielsen Company and Information Resources Inc., which of the following steps to improve the quality of a company marketing intelligence system is the company resorting to?
A) training and motivating the sales force to spot and report new developments
B) motivating distributors, retailers, and other intermediaries to pass along important intelligence
C) hiring external experts to collect intelligence
D) using external network
E) purchasing information from outside research firms and vendors

Question

Quizplus · Accepted Answer

By acquiring consumer-panel data from firms like A.C. Nielsen Company and Information Resources Inc., the company is resorting to purchasing information from outside research firms and vendors to improve the quality of their marketing intelligence system.

When a Company Acquires Consumer-Panel Data from Firms Like A Nielsen