ENTREPRENEURSHIP

ENTREPRENEURIAL OPPORTUNITIES

MARKET RESEARCH

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
One of the claimed advantages of primary data is that:1) it is quick and easy to collect2) it is usually up-to-date3) it is always 100% accurate4) it is cheap because it has already been collected
A
1
B
2
C
3
D
4
Explanation: 

Detailed explanation-1: -Primary research guarantees that the information collected is up-to-date and relevant, enabling accurate trends to be revealed. Primary research also allows the person or organisation to control ownership of the data.

Detailed explanation-2: -*The main advantage of primary data is that they will answer a specific research question that secondary data cannot answer.

There is 1 question to complete.