ENTREPRENEURIAL OPPORTUNITIES
MARKET RESEARCH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A common disadvantage of primary research for a small business is that:
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It is time-consuming to obtain
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It doesn’t answer the questions asked
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It doesn’t allow for qualitative questions
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It can’t be done online
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Explanation:
Detailed explanation-1: -Primary research can also be time consuming to carry out, especially if a large sample size is required. The time required to effectively plan primary research, carry it out and analyse the data is much greater than the time taken to conduct secondary research .
Detailed explanation-2: -Which is a disadvantage of primary research? Collecting data in this way is expensive.
Detailed explanation-3: -Time consuming. It can be a time-consuming exercise in comparison to secondary research, where for a duration of time needs to be taken to research accurately. Can be expensive. Amount of resources required. 20-Apr-2023
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