The use of secondary data
Question # 00557895
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Updated on: 07/07/2017 09:05 AM Due on: 07/08/2017

Key Concept Exercise: The use of secondary data This week, you continue with the smartphone scenario from Weeks 4 and 5. In previous weeks you discovered that there is a time, place and purpose for quantitative, qualitative and mixed-methods research. The suitability of each depends on, among other factors, the nature of the marketing initiative, the mission and vision of the organisation, and the resources available to collect and analyse marketing data. Each approach has its own strengths, and brings a different perspective to information collection, management and analysis. Similarly, as this week reveals, secondary data collection utilises different methods and tools than those used in primary data collection. The two have their own applications for which they are most suitable. As such, their results can both complement and contradict each other. To prepare for this Key Concept Exercise: * Read the Required Learning Resources for Week 6. * Evaluate the contribution that secondary data can make to domestic and international marketing research projects. * Research reliable sources of information on the target market. * Consider the role technology plays in secondary data collection. To complete this Key Concept Exercise: By Day 3 (Friday) In an approximately 500-word response, address the following issues/questions: * What sources of secondary information can the junior executive use? * What information do these sources provide the junior executive? * How credible are these resources? * What gaps can you identify that the junior executive would need to fill with primary data in order to obtain a more complete assessment of the target market? By Day 3 (Friday), submit your Key Concept Exercise. Be sure to read over your Key Concept Exercise before submitting it to your Instructor. Make sure the spelling and grammar are correct and the language, citing and referencing you use when providing your opinion are appropriate for academic writing. To submit your Key Concept Exercise to Turnitin, click the "View/Complete" link for Week 06 Key Concept Exercise -- Turnitin. YOU MUST READ THE ATTACHED TO KNOW WHAT YOU WILL WRITE ABOUT Module Text Wilson, A.M. (2011) Marketing research: an integrated approach. 3rd ed. [Electronic Book]. Harlow: Financial Times/Prentice Hall.

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Solution: The use of secondary data