48) Joe is reviewing secondary data his company collected about seasonal variations in consumer
spending because he is thinking about developing a new product line. The advantages of using
these data include
A) they are new and can be used to project overall demand.
B) they can be quickly accessed at a relatively low cost.
C) they are historical data that can be used to accurately predict future trends.
D) they have been collected specifically for the purpose Joe is using it for.
E) their high cost can be justified by the results.
49) Omar is responsible for marketing and marketing research for a midsized manufacturer of
assemblies for the housing market. His boss has asked him to cut back expenses, especially in
marketing research: “Why can’t you just use information off the Internet? There’s plenty out
there.” What is Omar’s best response to try to get his boss to change his mind?
A) “We can try, but if it’s wrong it’s not my fault.”
B) “Those are secondary data, and they may not be as timely, accurate, and relevant as what we
need.”
C) “I’d rather not use any data at all than use secondary data.”
D) “This is a matter of principle. I quit.”
E) “You should never use any information from the Internet in marketing research.”