ENTREPRENEURIAL OPPORTUNITIES
MARKET RESEARCH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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It is the name given to data that is collected for the first time to answer a specific research question.
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Primary data
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Secondary Data
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sample
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None of the above
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Explanation:
Detailed explanation-1: -Primary data is information obtained directly from the source. You will be the first party to use this exact set of data. When it comes to data businesses collect about their customers, primary data is also typically first-party data.
Detailed explanation-2: -Primary data collection is the process of gathering data through surveys, interviews, or experiments. A typical example of primary data is household surveys.
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