NIGP-CPP FOCUS AREA 3 EXAM |
GUARANTEED PASS
The market research process - ACCURATE ANSWERS✔✔ consists of
market research, market analysis, and market intelligence.
Standardization - ACCURATE ANSWERS✔✔ is accomplished by
combining all the entity's needs for the same or similar goods or services
to utilize economies of scale
Primary Research - ACCURATE ANSWERS✔✔ Information that
comes directly from the source. One can compile this information or hire
someone to gather via surveys, focus groups, and other methods.
Secondary Research - ACCURATE ANSWERS✔✔ Involves gathering
statistics, reports, studies, and other data from government entities, trade
associations, local chambers of commerce, or other resources.
market intelligence - ACCURATE ANSWERS✔✔ is an ongoing market
research of industries and trends, and to identify additional sources.
Five principles of the process of standardization. - ACCURATE
ANSWERS✔✔ 1) Consensus: Fulfillment of the generally recognized
needs of industry, trade, technology, and other sectors;
2) Due Process: Safeguarding the interests of both the producer and the
consumer.
GUARANTEED PASS
The market research process - ACCURATE ANSWERS✔✔ consists of
market research, market analysis, and market intelligence.
Standardization - ACCURATE ANSWERS✔✔ is accomplished by
combining all the entity's needs for the same or similar goods or services
to utilize economies of scale
Primary Research - ACCURATE ANSWERS✔✔ Information that
comes directly from the source. One can compile this information or hire
someone to gather via surveys, focus groups, and other methods.
Secondary Research - ACCURATE ANSWERS✔✔ Involves gathering
statistics, reports, studies, and other data from government entities, trade
associations, local chambers of commerce, or other resources.
market intelligence - ACCURATE ANSWERS✔✔ is an ongoing market
research of industries and trends, and to identify additional sources.
Five principles of the process of standardization. - ACCURATE
ANSWERS✔✔ 1) Consensus: Fulfillment of the generally recognized
needs of industry, trade, technology, and other sectors;
2) Due Process: Safeguarding the interests of both the producer and the
consumer.
