BUISENESS MANAGEMENT
MARKET RESEARCH
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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False
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True
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Either A or B
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None of the above
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Detailed explanation-1: -Expert Answer 1. The correct answer would be D) it is needed in every credible report. because with the help of primary research credibility report can be utilized by your clients, providers, financial backers and different partners.
Detailed explanation-2: -Primary research is research you conduct yourself (or hire someone to do for you.) It involves going directly to a source – usually customers and prospective customers in your target market – to ask questions and gather information. Examples of primary research are: Interviews (telephone or face-to-face)
Detailed explanation-3: -Primary data collection sources include surveys, observations, experiments, questionnaire, personal interview, etc. On the contrary, secondary data collection sources are government publications, websites, books, journal articles, internal records etc.
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. Data.