Product form competition involves battling for exactly the same customers in terms of who they are and why they buy

Primary reserves

a. include the cash assets of the bank. b. are short term securities held by banks that are quickly converted into cash at little cost to the banks. c. include securities sold in primary markets. d. include securities sold in secondary markets.

According to the text, exploratory research can benefit from use of all of the following methods EXCEPT:

A) survey of experts. B) quantitative data such as structured surveys. C) pilot surveys. D) analysis of secondary data. E) qualitative research.