Self Check 2.1
Self Check 2.1
Self Check 2.1
Secondary Data
Secondary data are data that have already been gathered, often for a different research
purpose and some time ago. Secondary data comprise internal secondary data, external secondary
data, or a mix of both.
Internal secondary data- are data that companies compiled for various reporting and
analysis purposes. Much of these data have been collected and stored because “you can’t
manage what you don’t measure.
External secondary data- have been compiled outside a company for a variety of purposes.
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we can change the price of a product, the type of product, or the package size to determine whether
these changes affect important outcomes such as attitudes, satisfaction, or intentions.
GETTING DATA
ESSAY:
1. What are the different reasons for choosing interviews rather than focus groups? What choice
would you make if you want to understand CEOs’ perceptions of the economy, and what
would seem appropriate when you want to understand how consumers feel about a newly
introduced TV program?
2. Imagine you are asked to understand what consumer characteristics make these consumer
likely to buy a Toyota Vios 1.5 G CVT https://toyota.com.ph/vios. How would you collect the
data? Would you start with secondary data, or would you start collecting primary data
directly? Do you think it is appropriate to collect qualitative data? If so at what stage of the
process should you do so?
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