Question

Question 3 CDz 4U wants to build a new store in your community but needs to research the opportunity. Which of the following is likely the most cost-effective way to gather the needed data? Not yet answered Marked out of 1.00 Flag question Select one: o a relying exclusively on secondary data, because it is less expensive and quicker to obtain, thus allowing the firm to free up both time and financial resources for the design and development of the actual store b. beginning by collecting primary data-the reason it's called "primary" is because it should be collected first, then, once the primary data is collected, use secondary sources to refine and verify the results c. relying exclusively on primary data collection because it can be customized to ensure relevance d beginning by collecting secondary data to narrow the list of possible locations and then using the results to focus primary research efforts on a limited number of possible locations

Answer 1

most cost-effective way of collecting the needed data is d.begining by collecting secondary data to narrow the list of possible locations and then using the results to focus primary research efforts on a limited number of possible locations.