Just answer the question please
It is important for companies to determine a products potential life cycle for marketing purposes. Information on a products potential life cycle is also important to investors.
MIS is the interpretation of information while marketing research is the gathering of information. MIS is used by managers for planning, leading and organising.
Primary Market Research: In this research we can communicate with directly with customer and gathering information from the potential customer.
Pure basic research is looking for information on the internet or in books. This research is simply just looking for what is already out there.
marketing research deals with external information while mkis deals with both external and internal information marketing research under taken occationally on project basis while mkis works continuously.
Online sources of market research information provide a wide range of data on consumer behavior, industry trends, and competitive analysis. It allows businesses to access real-time information, conduct targeted research, and make data-driven decisions quickly and efficiently. However, it's important to ensure the credibility and accuracy of the sources to rely on the information for strategic planning and decision-making.
This question is part of a National Vocational Qualification and is based on the work experiences of the candidate. Finding answers elsewhere and copying them WILL be recognised by the assessor, I assure you. By the way, please try to be more accurate in your spelling. The correct spelling is 'accurately'.
If your on Wikipedia make sure there is a lock on the page so that the public cannot edit the info. Or make sure websites end in .org or .gov they are usually accurate.
Provide formal citations for the sources
One word for gathering important information is, "Research".
Online sources of market research information are easily accessible and cost-effective compared to traditional methods. However, the reliability and accuracy of the information may vary, so it is important to evaluate the credibility of the source before making business decisions based on this data.
Information gathering skills are important because they enable individuals to collect and analyze data effectively, make informed decisions, and solve problems efficiently. These skills also facilitate the process of research, planning, and decision-making in both professional and personal contexts.
When providing information about research, you must ensure that your sources are credible and reliable. It's important to present findings accurately and contextually, avoiding misinterpretation or exaggeration of results. Additionally, acknowledging limitations and potential biases in the research enhances transparency and credibility. Finally, proper citation of all sources used is essential to maintain academic integrity.
Citing information in a research paper is important because it gives credit to the original sources, shows the credibility of your work, and allows readers to verify the information and build upon it in their own research.
C.concisely
Providing incorrect references for information is not considered plagiarism per se, but it can still be misleading and considered academic misconduct. Academically, it is important to accurately cite sources to give credit to the original author and to provide readers with accurate information for further research.
It is important for students to use research methods because it helps them develop critical thinking skills, evaluate information accurately, and make well-informed decisions. Research methods also enable students to gather evidence to support their arguments and ideas, leading to a deeper understanding of their subject matter.