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A survey and actual purchase behaviour give different results. Which myth could lead to the most dangerous decision?

Answer and explanation

Correct answer: One information source is always sufficient

Direct answer: Option D is correct. When a survey and actual purchase behaviour disagree, relying on only one information source can produce a dangerous decision. A survey may show what people say they want, while purchase behaviour shows what they actually do in a particular situation. Neither source should automatically be treated as perfect. The entrepreneur should compare surveys with sales records, observation, interviews, trials, and other relevant evidence; this comparison is called using multiple sources or triangulating evidence. Option A is wrong because surveys can provide useful information when designed and interpreted carefully. Option B is wrong because actual purchases are important but are not the only evidence; they may be affected by price, availability, timing, or convenience. Option C is wrong because customers do not always lie; differences may arise from changing conditions or questions. Option D is correct because one source may be incomplete or misleading. Memory cue: do not build a major decision on one clue when sources conflict.

Related tags

Evidence MythSurveyPurchase BehaviourTriangulationMyths About EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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