MANAGEMENT

BUISENESS MANAGEMENT

MARKET RESEARCH

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Primary Research is information that does not yet exist, so it could not be found on the Internet, the business website or anywhere else
A
False
B
True
C
Either A or B
D
None of the above
Explanation: 

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.

There is 1 question to complete.