Which is typically the most expensive and time-consuming method of gathering feedback data?
A)company accounting records
B)marketing research
C)syndicated marketing information
D)transaction records

Question

Quizplus · Accepted Answer

Marketing research is typically the most expensive and time-consuming method of gathering feedback data as it involves designing a research study, collecting and analyzing data, and producing insights and recommendations. Company accounting records and transaction records are internal sources of data that can be readily accessed and analyzed. Syndicated marketing information involves purchasing data from external sources, which can be expensive but usually requires less time and effort than conducting original research.

Which Is Typically the Most Expensive and Time-Consuming Method of Gathering