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CIPS L4M4 Exam - Topic 2 Question 38 Discussion

Which of the following are secondary research sources that can be used when investigating markets and suppliers? Select THREE that apply.
A) Professional magazines and C) Economic indices and D) Supplier websites
B) Focus groups
E) Direct conversations
F) Supplier interviews

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.

Show Suggested Answer Hide Answer
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
6 months ago
Supplier websites can be super helpful for info.
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Cordie
6 months ago
Wait, focus groups? Aren't they primary research?
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Vivienne
6 months ago
I think economic indices are crucial too.
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Erasmo
6 months ago
Professional magazines are definitely a solid source!
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Rodolfo
7 months ago
Not sure about using direct conversations as secondary research.
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Phuong
8 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
8 months ago
Focus groups seem more like primary research to me, but I could be wrong.
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Yuonne
8 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
8 months ago
I think professional magazines are definitely a secondary source, but I'm not sure about the others.
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Delfina
8 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
9 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
9 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
9 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
9 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
10 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
10 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
7 months ago
I think supplier interviews can be tricky for secondary research.
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Carrol
7 months ago
Supplier websites are a must for current info.
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Jesus
7 months ago
I agree, professional magazines are super helpful!
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Stephen
7 months ago
Economic indices provide great insights too.
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