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Ch. 10, Section 2 Vocab Review

AB
Focus groupa marketing research study that gathers the ideas, experiences, and opinions from a small number of consumers who take part in a group discussion.
Marketing researchfinding solutions to problems through carefully designed studies involving customers.
Primary researchstudies carried out to gather new information specifically directed at a current problem.
Secondary researchanalyzing existing information gathered for another purpose but used to solve a current problem.
Surveysa marketing research study that gathers information from people using a carefully planned set of questions.
Demographicsdata that describe a group of people in terms of their age, marital status, family size, ethnicity, gender, profession, education, and income
Psychographicsdata that describe a group of people in terms of their tastes, opinions, personality traits, and lifestyle habits
ObservationCollecting information by recording the actions of consumers rather than asking questions


Business Education
Evans High School

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