Please answer the following question (true/false) 1. By definition, secondary data is data gathered from country...

Please answer the following question (true/false)

1. By definition, secondary data is data gathered from country markets that rank as "secondary" in terms of income and population figures

2. Companies wishing to minimize the cost and effort associated with market research should start by collecting and analyzing primary data

3. International marketing may take the form of diversification strategy in which a company creates new products or services for the domestic market

4. When marketers refer to "fast-food culture", or "credit-card culture" they are referring to a cosmopolitan culture which is comprised of various segments of the population which are interconnected by information technology.

5. Trade secrets are confidential information or knowledge that has commercial value and is not in the public domain, and for which steps have been taken to keep it secret

6. The various forms of asset seizure represent the ultimate threat that a government can direct toward a company

Expert Solution

Ans1.
This statement is False. Secondary data is collected from data based of the national or state government data base available to public or corporates legally and it is less expensive.

Ans2.
This statement is False.
Companies wishing to minimize the cost and effort associated with market research should start by collecting and analyzing secondary data and not primary data.

Ans3.
This statement is False.
International marketing may take the form of diversification strategy in which a company creates new products or services for the overseas market and not domestic market.

Ans4.
This statement is False.
When marketers refer to "fast-food culture", or "credit-card culture" they are referring to a cosmopolitan culture which is comprised of various segments of the population which are looking for instant access to things for e.g. for food they are looking at easy to make and instant food , similarly with reference to credit card they are looking at instant credit availability.

Ans5.
This statement is True . Trade secrets are confidential information or knowledge that has commercial value and is not in the public domain, and for which steps have been taken to keep it secret
Unlike patents which are registered and made public , trade secrets are kept secret by the company.

Ans. 6
This statement is False. No, political violence like war or violence aciviites are like ultimate form of threat.

Rahul Sunny answered 2 years ago

Answer each question by True or False. Justify your answer. (1) True or False? The set...

Answer each question by True or False. Justify your answer. (1) True or False? The set V = {p ∈ P2: p (7) = 0, p’ (7) = 0} is a subspace of P2. (2) True or False? The set of 2 by 2 matrices whose entries are either all 0 or all nonzero is a subspace of the set of all 2 by 2 matrices M2×2(R). (3) True or False? The set of all functions in C([0, 1]) such...

1. True or false? answer the following question by Putting a T or a F -...

1. True or false? answer the following question by Putting a T or a F - The more things a word or phrase applies to, the more opportunity the listener has of misapplying it. - For the best results you should always complete an outline of your essay before you complete the first draft. - According to the text, anything beyond three or four revisions to an essay is not worthwhile. - It is generally reasonable to accept an unsupported...

True/False Questions. For each question below, please answer “true” or “false” and explain why. 6. A...

True/False Questions. For each question below, please answer “true” or “false” and explain why. 6. A consumer with convex preferences who is indifferent between the bundles (5,2) and (11,6) will like the bundle (8,4) at least as well as either of the first two bundles. Assume these two goods are imperfect substitutes. 7. The marginal rate of substitution is always the same constant number when the goods are imperfect substitutes and no matter how many of each good is being...

verilog question Please answer true or false: The expression(A==B)is evaluated as true if A is equal...

verilog question Please answer true or false: The expression(A==B)is evaluated as true if A is equal to B and false other wise .The !=operator has the opposite effect. true or false? For background reference only: Write a verilog code for 16:1 multiplexer and create a test bench for the 15th input to be selected by control input to be on output line.

True or False Questions: Please answer true or false. 1. Even when care is free at...

True or False Questions: Please answer true or false. 1. Even when care is free at the point of service, we would expect low and high-income individuals with the same level of need to demand different quantities of health care. 2. We would expect the demand curve for physician visits to be more price elastic than the demand curve for inpatient hospital care. 3. A decision by the provincial governments to include counseling by psychologists within the public insurance plan...

Please answer these TRUE or FALSE questions. 1. True or False. The Born-Oppenheimer approximation accounts for...

Please answer these TRUE or FALSE questions. 1. True or False. The Born-Oppenheimer approximation accounts for scattering. 2. True or False. Tunneling is one way to approximate the solution to the Free Particle. 3. True or False. The coordinate version (x,y,z) of the Free Particle wavefunction can be normalized by including time. 4. The spin quantum number is used when combining the Hydrogen Atom and Free Particle models together.

Answer the following questions True or False. Write “True” or “False” in the blank. 1._________ The...

Answer the following questions True or False. Write “True” or “False” in the blank. 1._________ The rate constant changes if the concentrations of the reactant change. 2._________ If the concentration of a reactant changes, the rate of the reaction always changes. 3._________ The coefficients of the overall reaction tell us the order for each reactant. 4._________ The half-life for a first order reaction does not depend on the initial concentration. 5._________ If the rate of a reaction over a long...

Question 1 The three commonly recognized level of intervention are primary, secondary, and tertiary. True False...

Question 1 The three commonly recognized level of intervention are primary, secondary, and tertiary. True False Question 2 Vaccination is an example of a tertiary level intervention. True False Question 3 Genetics is an example of an intervention that can be used to detect disease in the early stages. True False Question 4 A cost-benefit analysis is used to determine measures outcomes in terms of quality and adjusted life years. True False Question 5 One of the most important steps...

Please select as true, false or uncertain for the following and explain your answer 1.The economics...

Please select as true, false or uncertain for the following and explain your answer 1.The economics point of view is not valid for making decisions related to social undertakings, such as soup kitchens, or aid to poor families. 2. Indifference curves never cross. If they were to cross, that would mean that preferences are inconsistent. 3. If two products are perfect substitutes - that is, if people are different between them - then the elasticity of demand will be exactly...

Please answer the following questions (true/false) 1. The form and substance of a company's response to...

Please answer the following questions (true/false) 1. The form and substance of a company's response to international market opportunities depend greatly on management's assumptions or beliefs about the nature of the world. 2. A patent is a distinctive motto that a manufacturer affixes to a particular product or package to distinguish it from goods produced by other manufacturers 3. The ethnocentric company is decentralized in its marketing management whereas the polycentric company is centralized. 4. Gray color is associated with...

Question