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CIPS L4M4 Exam - Topic 2 Question 38 Discussion

Actual exam question for CIPS's L4M4 exam
Question #: 38
Topic #: 2
[All L4M4 Questions]

Which of the following are secondary research sources that can be used when investigating markets and suppliers? Select THREE that apply.

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Suggested Answer: A, C, D

Professional magazines, economic indices, and supplier websites provide secondary data that can be useful in understanding market trends and supplier performance. Responsible sourcing often relies on a mix of primary and secondary data sources to make informed decisions about supplier selection.


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Golda
1 month ago
Supplier websites can be super helpful for info.
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Cordie
2 months ago
Wait, focus groups? Aren't they primary research?
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Vivienne
2 months ago
I think economic indices are crucial too.
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Erasmo
2 months ago
Professional magazines are definitely a solid source!
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Rodolfo
3 months ago
Not sure about using direct conversations as secondary research.
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Phuong
3 months ago
Supplier websites might be considered secondary, but I feel like they could also fall under primary if we're looking at specific data.
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Johanna
3 months ago
Focus groups seem more like primary research to me, but I could be wrong.
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Yuonne
4 months ago
I remember we discussed economic indices in class as a good secondary source. I think that one is safe to choose.
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Effie
4 months ago
I think professional magazines are definitely a secondary source, but I'm not sure about the others.
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Delfina
4 months ago
I've got it! Professional magazines, economic indices, and supplier websites are the three secondary research sources mentioned in the question. Time to mark those down.
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Shoshana
4 months ago
Focus groups and direct conversations are primary research, not secondary. I need to be careful to distinguish those in my answer.
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Fidelia
4 months ago
Okay, let's see - professional magazines, economic indices, and supplier websites seem like the obvious choices here. I'll mark those three.
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Freeman
4 months ago
Hmm, I'm a bit unsure about the difference between primary and secondary research sources. I'll need to think this through carefully.
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Bernardine
5 months ago
This question seems straightforward. I'll start by identifying the three secondary research sources that can be used for market and supplier investigation.
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Lang
5 months ago
Focus groups? Really? That's primary research, not secondary. But I agree, the other three options are solid choices.
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Malcolm
5 months ago
Professional magazines, economic indices, and supplier websites - those are definitely the way to go. Supplier interviews might be good too, but I'm not sure if they count as 'secondary' research.
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Patrick
2 months ago
I think supplier interviews can be tricky for secondary research.
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Carrol
2 months ago
Supplier websites are a must for current info.
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Jesus
2 months ago
I agree, professional magazines are super helpful!
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Stephen
3 months ago
Economic indices provide great insights too.
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