Preview

Describe Three Different Sources Of External Data

Good Essays
Open Document
Open Document
780 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Describe Three Different Sources Of External Data
Customer service Customer feedback cards- customers fill in feedback cards about the customer service from the company.
Customer questionnaires- customers who call the company are asked to do a questionnaire about the customer service they have experienced, what they did well and what could be improved.
These will then be given to the management within monthly meetings to be discussed and make appropriate changes. Informing future developments- based on the comments from the customers GSK can improve their service to receive more business. Internally produced and internally used

Sales Have weekly sales meetings to report the level of sales, returns and new accounts opened within the week Updating knowledge The sales team will update the other members of staff of their knowledge about the sales. Internal
Marketing They
…show more content…
Describe 3 different sources of external data that are mentioned in the case study
• The human resources contacted the local council on external data supply about current labour market information so that they knew what skills people had as well as education for employment.
• Office of national statistics- They received information on statistics to get trade industry information.
• Trade journals such as TES for teachers, the grocer, cater supermarket and convenience store.
2. Explain the difference between primary and secondary data being sure to give an example of the medium of data that GSK might have access to (e.g paper based or online/www).
Primary data is data which you have collected by yourself such as questionnaires and secondary data is data which you have received from someone else such as other businesses, books, and internet.
GSK accesses secondary data by the office of national statistics so that they can receive external information to see whether the local information correlates with the local data.
3. Explain how and why secondary market research data might be less reliable than primary

You May Also Find These Documents Helpful

  • Good Essays

    case study

    • 877 Words
    • 4 Pages

    Secondary data is data that already exists and has been collected by someone else for another purpose. Based on what I noticed on the plan, there are missing link or questions that Jane Melody didn’t justify. So here`s some of it:…

    • 877 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    The secondary data includes information obtained from various sources that includes newspaper articles, business magazines and web…

    • 10743 Words
    • 43 Pages
    Powerful Essays
  • Good Essays

    hsbc case study

    • 398 Words
    • 2 Pages

    Primary research involves commissioning new research. It involves collecting information directly from customers (and potential customers).…

    • 398 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Mrs Divall

    • 4177 Words
    • 17 Pages

    secondary data – is the data that is available in the case study and the data research was thus already done for the case study to determine the…

    • 4177 Words
    • 17 Pages
    Powerful Essays
  • Good Essays

    Secondary data, or historical data, are data previously collected and assembled for some project other than the one at hand. Secondary data often can be found inside the company, at a public or university library, or on the internet. In addition, some firms specialise in providing various types of information, such as economic forecasts, that are useful to many organisations. The researcher who gathers data from the Australian bureau of statistics (ABS) or from the economist intelligence unit is using secondary sources.…

    • 504 Words
    • 3 Pages
    Good Essays
  • Good Essays

    primary research is original research conducted by you (or someone you hire) to collect data specifically for your current objective. You might conduct a survey, run an interview or a focus group, observe behavior, or do an experiment. You are going to be the person who obtains this raw data directly and it will be collected specifically for your current research need. Conversely, secondary research involves searching for existing data that was originally collected by someone else. You might look in journals, libraries, or go to online sources like the US census. You will apply what you find to your personal research problem, but the data you are finding was not originally collected by you, nor was it obtained for the purpose you are using it for. I hope that makes sense. If not, read on for some examples and a little more detail.…

    • 655 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Primary and Secondary Data

    • 3550 Words
    • 15 Pages

    Data can be defined as the quantitative or qualitative values of a variable. Data is plural of datum which literally means to give or something given. Data is thought to be the lowest unit of information from which other measurements and analysis can be done. Data can be numbers, images, words, figures, facts or ideas. Data in itself cannot be understood and to get information from the data one must interpret it into meaningful information. There are various methods of interpreting data. Data sources are broadly classified into primary and secondary data.Knowing how the data was collected allows critics of a study to search for bias in how it wasconducted. A good study will welcome such scrutiny. Each type has its own weaknesses andstrengths. Primary Data is gathered by people who can focus directly on the purpose in mind.This helps ensure that questions are meaningful to the purpose but can introduce bias in thosesame questions. Secondary data doesnt have the privilege of this focus but is only susceptibleto bias introduced in the choice of what data to reuse. Stated another way, those who gatherPrimary Data get to write the questions. Those who gather secondary data get to pick thequestions.…

    • 3550 Words
    • 15 Pages
    Better Essays
  • Powerful Essays

    Secondary data means data that are already available i.e., they data which has been used have already been collected and analyzed by someone else. When the researcher utilizes secondary data, then he has to look into various sources from where he can obtain them. In this case I have certainly not confronted problem that are usually associated with the collection of original data. Secondary data may either be published data or unpublished data.…

    • 8505 Words
    • 35 Pages
    Powerful Essays
  • Powerful Essays

    Primary data refer to information obtained first-hand by the researcher on the variables of interest for the specific purpose of the study (Sekaran,…

    • 1462 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Miss

    • 711 Words
    • 3 Pages

    The secondary data consist of data collections that has been collected by other people before hand. Since facelift bungee is a new product trying to get into the UK market, therefore secondary data will not be useful in this case. There are different type of data it’s either a qualitatiuve data or quantitative data. Qualitative data consist of nominal data which can be divided into non-measurable named categories. The ordinal data is where numbers can act as labels or ranks like levels of service or products are graded. Examples : excellent, good, poor, very poor. As for facelift bungee ordinal data method is very useful.…

    • 711 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Primary and secondary data has been collected for my dissertation. So this dissertation is based on both primary and secondary data.…

    • 7211 Words
    • 29 Pages
    Powerful Essays
  • Powerful Essays

    Developing a Business Idea

    • 6905 Words
    • 28 Pages

    • Secondary research is data which is ready to use, has been used previously by other businesses. This type of data could be found on the internet or in books…

    • 6905 Words
    • 28 Pages
    Powerful Essays
  • Good Essays

    Secondary data: Data collected by someone else for some other purpose (but being utilized by the investigator for another purpose).…

    • 755 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    • PRIMARY DATA: It refers to the first data collected from primary sources .The primary sources of data collection were direct personal interview with managers of concerned department, official staff and workers of the company.…

    • 6159 Words
    • 25 Pages
    Powerful Essays
  • Good Essays

    Information Gathering Obu

    • 423 Words
    • 2 Pages

    Secondary data is data that has been collected by others for their own purposes, but…

    • 423 Words
    • 2 Pages
    Good Essays