ENTREPRENEURIAL OPPORTUNITIES
MARKET RESEARCH
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Creating new products
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Finding new stuff
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Gathering information for a specific purpose
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Finding online statistics
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Detailed explanation-1: -Primary research is data which is obtained first-hand. This means that the researcher conducts the research themselves or commissions the data to be collected on their behalf. Primary research means going directly to the source, rather than relying on pre-existing data samples.
Detailed explanation-2: -Primary research is any original data that you collect yourself for the purposes of answering your research question (e.g. through surveys, observations and experiments). Secondary research is data that has already been collected by other researchers (e.g. in a government census or previous scientific studies).
Detailed explanation-3: -Primary data collection is the process of gathering data directly from a first-hand source. In other words, it’s data that’s collected by the organization that expects to use it. Methods include surveys, interviews, observation, and focus groups.