ENTREPRENEURIAL OPPORTUNITIES
MARKET RESEARCH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is an example of a primary data source:
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inventory reports
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survey
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sales reports
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expense reports
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Explanation:
Detailed explanation-1: -Examples of primary sources: Autobiographies and memoirs. Diaries, personal letters, and correspondence. Interviews, surveys, and fieldwork.
Detailed explanation-2: -Primary Data: Data that has been generated by the researcher himself/herself, surveys, interviews, experiments, specially designed for understanding and solving the research problem at hand.
Detailed explanation-3: -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.
There is 1 question to complete.