QUESTION 14 Sources of internal secondary research include each of the following, except Existing customer survey results Sales data from customer databases Existing employee satisfaction survey results Population statistics of a target market area
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Bonus Knowledge
They say knowledge is power, and when it comes to internal secondary research, data from existing customer surveys, sales databases, and employee satisfaction surveys are pure gold! These sources let businesses tap into their historical treasures without reinventing the wheel. On the other hand, population statistics of a target market area usually fall under external research, as they’re pulled from outside sources—think census data rather than internal insights. Diving deeper, businesses can leverage their internal data to find hidden patterns and trends that may not be visible on the surface. For instance, analyzing existing employee satisfaction surveys alongside sales data might uncover connections between happy employees and higher sales figures. Keep that data organized, and you might just strike research gold!
