ENTREPRENEURIAL OPPORTUNITIES
MARKET RESEARCH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Secondary data can be gathered from the use of ____
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Focus groups
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Observations
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Suggestion boxes
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Social trends from an industry report
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Explanation:
Detailed explanation-1: -Secondary data is usually gathered from the published (printed) sources. A few major sources of published information are as follows: Published articles of local bodies, and central and state governments. Statistical synopses, census records, and other reports issued by the different departments of the government.
Detailed explanation-2: -Secondary data allows you to perform a longitudinal analysis which means the studies are performed spanning over a large period of time. This can help you to determine different trends. In addition, you can find secondary data from many years back up to a couple of hours ago. It allows you to compare data over time.
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