MANAGEMENT

BUISENESS MANAGEMENT

MARKET RESEARCH

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Collecting firsthand data for a specific purpose
A
Primary research
B
Secondary research
C
Qualitative data
D
Quantitative data
Explanation: 

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 data refers to the first hand data gathered by the researcher himself.

Detailed explanation-3: -Primary data can be collected in a number of ways. However, the most common techniques are self-administered surveys, interviews, field observation, and experiments.

Detailed explanation-4: -An advantage of using primary data is that researchers are collecting information for the specific purposes of their study. In essence, the questions the researchers ask are tailored to elicit the data that will help them with their study.

There is 1 question to complete.