ENTREPRENEURSHIP

ENTREPRENEURIAL OPPORTUNITIES

MARKET RESEARCH

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What type of research involves collecting data that does not yet exist?
A
Primary research
B
Secondary research
C
Market research
D
Product research
Explanation: 

Detailed explanation-1: -Secondary research is a type of research that has already been compiled, gathered, organized and published by others.

Detailed explanation-2: -Primary research definition 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-3: -Primary research – what is it? Primary research involves gathering data that has not been collected before. Methods to collect it can include interviews, surveys, observations or any type of research that you go out and collect yourself.

There is 1 question to complete.