ASSIGNMENT DETAILS: Consider the terminology and in class discussions answer the following questions: You

Question: ASSIGNMENT DETAILS: Consider the terminology and in class discussions answer the following questions: You are needing to conduct research to determine which of the following new fashion styles are likely to sell next season. You have access to last years sales and style results, and a budget to allow you to conduct Primary Research. However, you are on a
Show transcribed image text1. Problem Statement To conduct research to determine which fashion syles are likely to sell next season 2. Identify what secondary Data you will use The sales data of the company will be used to analyse the trend and see the sales The styles data wi…View the full answerTranscribed image text: ASSIGNMENT DETAILS: Consider the terminology and in class discussions answer the following questions: You are needing to conduct research to determine which of the following new fashion styles are likely to sell next season. You have access to last years sales and style results, and a budget to allow you to conduct Primary Research. However, you are on a tight timeline with only 3 weeks before the buying team needs to select style choices and place orders for production. Due to your tight timeline, it is only feasible to utilize 2 research methods. Discuss and answer the following questions in Blackboard: 1- Identify your PROBLEM STATEMENT 2- Identify what SECONDARY DATA you will use. 3- What PRIMARY RESEARCH will you conduct and WHY? Will you use a PROBABLE or NONPROBABLE sample set?