ENTREPRENEURIAL OPPORTUNITIES
MARKET RESEARCH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Stealing someone else’s information
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Using information that already exists
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Collecting new information
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Finding old research
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Detailed explanation-1: -Secondary research is a research method that uses data that was collected by someone else. In other words, whenever you conduct research using data that already exists, you are conducting secondary research. On the other hand, any type of research that you undertake yourself is called primary research.
Detailed explanation-2: -Secondary research is also known as desk research since it involves synthesizing existing data that can be sourced from the internet, peer-reviewed journals, textbooks, government archives, and libraries.
Detailed explanation-3: -Secondary data is the data that has already been collected through primary sources and made readily available for researchers to use for their own research. It is a type of data that has already been collected in the past.