ENTREPRENEURIAL OPPORTUNITIES
MARKET RESEARCH
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Secondary data has two important advantages over primary data. It is:
|
|
capable ofcompensating for rapid environmental changes and technical improvements.
|
|
|
alwaysavailable and complete.
|
|
|
seldomobsolete and usually fits the dimensions of your problem.
|
|
|
generallycheaper to gather than primary data and takes less time to find.
|
Explanation:
Detailed explanation-1: -The biggest advantage of using secondary data is economics. Someone else has already collected the data, so the researcher does not have to devote money, time, energy, and other resources to this phase of research.
There is 1 question to complete.