2.03 vocabulary

Term Definition
marketing information data collected from internal or external sources to help make marketing decisions [scientists collect data from animals and know what to sell or cook]
Facts something that actually exists reality truth[ mrs heath is a sports marketing teacher at NLHS]
Estimates an approximate judgment or careful calculations about the impact of a product[my estimates about my math is 80% good]
Predictions a forecast of something happen[it is supposed to rain today]
Relationships what happens to products estimates or predictions based on changes[i have a good relationship for the baseball]
Internal of or situated on the inside.
external belonging to or forming the outer surface or structure of something.
primary data by contrast, are collected by the investigator conducting the research.
secondary data social science include censuses, information collected by government departments

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