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Which of the following are secondary research sources that can be used when investigating markets and suppliers? Select THREE that apply.
Suggested Answer: A, C, D
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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.
20 comments · newest first
GO
Golda
10 months ago
Supplier websites can be super helpful for info.
CO
Cordie
10 months ago
Wait, focus groups? Aren't they primary research?
VI
Vivienne
10 months ago
I think economic indices are crucial too.
ER
Erasmo
10 months ago
Professional magazines are definitely a solid source!
RO
Rodolfo
11 months ago
Not sure about using direct conversations as secondary research.
PH
Phuong
11 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.
JO
Johanna
12 months ago
Focus groups seem more like primary research to me, but I could be wrong.
YU
Yuonne
12 months ago
I remember we discussed economic indices in class as a good secondary source. I think that one is safe to choose.
EF
Effie
1 year ago
I think professional magazines are definitely a secondary source, but I'm not sure about the others.
DE
Delfina
1 year 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.
SH
Shoshana
1 year ago
Focus groups and direct conversations are primary research, not secondary. I need to be careful to distinguish those in my answer.
FI
Fidelia
1 year ago
Okay, let's see - professional magazines, economic indices, and supplier websites seem like the obvious choices here. I'll mark those three.
FR
Freeman
1 year ago
Hmm, I'm a bit unsure about the difference between primary and secondary research sources. I'll need to think this through carefully.
BE
Bernardine
1 year ago
This question seems straightforward. I'll start by identifying the three secondary research sources that can be used for market and supplier investigation.
LA
Lang
1 year ago
Focus groups? Really? That's primary research, not secondary. But I agree, the other three options are solid choices.
MA
Malcolm
1 year 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.
PA
Patrick
10 months ago
I think supplier interviews can be tricky for secondary research.
CA
Carrol
11 months ago
Supplier websites are a must for current info.
JE
Jesus
11 months ago
I agree, professional magazines are super helpful!
ST
Stephen
11 months ago
Economic indices provide great insights too.