Which of the following statements is true about qualitative research? A) it provides a marketer with responses that can be presented with precise estimations.

b) it is used to formulate and define a problem more clearly.

C) it usually involves asking respondents to select a response from a set of choices.

D) Data from qualitative research can be summarized in percentages, averages, or other statistics.

E) it is generally associated with survey research that involves yes/no questions.

Qualitative research is used to formulate and define a problem more clearly.

The following information should be considered:

Therefore we can conclude that Qualitative research is used to formulate and define a problem more clearly.

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b) it is used to formulate and define a problem more clearly.

Explanation:

Qualitative Research involves the use of qualitative data in research. Qualitative data refers to data that is non-numerical such as text, videos, and audio. When using this type of data, the source of the information is able to explain concepts more precisely as opposed to Quantitative data that limits sources to certain responses. With this more precise explaining comes the ability to formulate and define a problem much more clearly.

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.

answer; common market;