Social Sciences, asked by Gurveer1926, 1 year ago

Difference between the information desired and the information provided

Answers

Answered by tanaylohani
0
Information Desire MEAN You ARE Asking answer and information provided means Information is already given to you
Answered by presentmoment
0

The difference between information desired and information provided is that in the latter, the information is already present and exists, whereas the former only showcases information that is expected to be achieved and attained.  

Explanation:  

  • These terms are used widely in market research and in decision making by organizations. Information provided and information desired are two aspects and when there is a gap between the two, errors arise.
  • Information desired is the knowledge required by the decision-makers to make an informed decision about a business process or business decision whereas the information provided is the already existing marketing knowledge.
  • Often information provided is not adequate and effective conscious decision-making information desired is required.

Learn more about market research:

Marketing research is still to be fully exploited by companies. Why? Discuss.

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