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Secondary data can be out of date and may not be specific to the needs of the particular problem or situation
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True
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False
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Either A or B
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None of the above
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Explanation:
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: -A major disadvantage of using secondary data is that it may not answer the researcher’s specific research questions or contain specific information that the researcher would like to have.
Detailed explanation-3: -Which of the following is not true of secondary data, or information? They are difficult to find because you must first petition the researcher to get the data. What type of research is unstructured and informal?
There is 1 question to complete.