BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Secondary data is the data that have been already collected by and readily available from other sources. Such data are cheaper and more quickly obtainable than the primary data and also may be available when primary data can not be obtained at all.

Detailed explanation-2: -Secondary data are known to be readily available compared to that of primary data.

Detailed explanation-3: -Popular examples of secondary data include: Tax records and social security data. Census data (the U.S. Census Bureau is oft-referenced, as well as our favorite, the U.S. Bureau of Labor Statistics) Electoral statistics. Health records.

Detailed explanation-4: -Secondary data are basically second-hand pieces of information. These are not gathered from the source as the primary data. To put it in other words, the secondary data are those that are already collected. So, these are comparatively less reliable than the primary data.

Detailed explanation-5: -There are two common types of secondary data: Internal data and External data. Internal data is the information that has been stored or organized by the organization itself. External data is the data organized or collected by someone else.