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SEM I 2.03 Vocabulary

Total questions: 9

Worksheet time: 9mins

Name
Class
Date
1.

Data collected from internal or external sources to help make marketing decisions

a)

Marketing Information

b)

Facts

c)

Estimates

d)

Predictions

2.

Something that actually-exists; reality; truth

a)

Marketing Information

b)

Facts

c)

Estimates

d)

Predictions

3.

An approximate judgment or careful calculation about the impact of a product

a)

Facts

b)

Marketing Information

c)

Estimates

d)

Predictions

4.

A forecast of something to happen

a)

Estimates

b)

Facts

c)

Marketing Information

d)

Predictions

5.

What happens to products, estimates or predictions based on changes in the market?

a)

Predictions

b)

Relationships

c)

Marketing Information

d)

Facts

6.

Original DATA or FACTS collected for a purpose

a)

Secondary Data

b)

Primary Data

c)

Internal Data

d)

External Data

7.

Information and conclusions gathered from reviewing primary data

a)

Primary Data

b)

Internal Data

c)

Secondary Data

d)

External Data

8.

Information/records within an organization.

a)

External Data

b)

Secondary Data

c)

External Data

d)

Internal Data

9.

Information/records outside an organization.

a)

External Data

b)

Internal Data

c)

Primary Data

d)

Secondary Data