External Secondary Research Flashcards

1
Q

What is external secondary research ?

A

External secondary research is information collected by outside organizations. It can be free or sold and helps businesses understand trends and markets.

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2
Q

What are commercially published reports?

A

These are reports created by companies that sell research and data about markets and industries.

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3
Q

What are government statistics?

A

These are data and numbers collected and published by government agencies about the economy, population, and other important topics.

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4
Q

What are trade journals?

A

Trade journals are magazines or publications that focus on specific industries, providing news, trends, and insights for professionals in that field.

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5
Q

What are competitors’ annual reports and websites?

A

Annual reports are documents that companies release each year, showing their performance and plans. Websites provide information about a company’s products, services, and news. Both help businesses understand competitors.

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6
Q

What are media sources?

A

Media sources are news outlets, such as newspapers, TV, and online platforms, that provide information and updates on various topics and events.

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