MANAGEMENT

BUISENESS MANAGEMENT

MARKET RESEARCH

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Primary data consist of ____
A
data that does not age
B
data obtained from the public domain
C
information collected for the specific purpose at hand
D
information that is the least expensive and the easiest to obtain
Explanation: 

Detailed explanation-1: -Primary data is information that you collect specifically for the purpose of your research project. An advantage of primary data is that it is specifically tailored to your research needs. A disadvantage is that it is expensive to obtain.

Detailed explanation-2: -An advantage of using primary data is that researchers are collecting information for the specific purposes of their study.

Detailed explanation-3: -Primary data collection is a process of collecting original data, directly from the source. It is used in research to gather first-hand information about a problem or topic. The most common use for primary data is in studies, where researchers need to collect information from experts in their field.

Detailed explanation-4: -Primary data refers to the first hand data gathered by the researcher himself. Secondary data means data collected by someone else earlier. Surveys, observations, experiments, questionnaire, personal interview, etc.

Detailed explanation-5: -which of the following best describes primary data. The answer will be all the above it’s collected for a specific purpose at hand. It’s original information and it’s first time information from a primary source fresh and perhaps more reliable than secondary data.

There is 1 question to complete.