MANAGEMENT

BUISENESS MANAGEMENT

MARKET RESEARCH

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the better definition of primary research?
A
Creating new products
B
Finding new stuff
C
Gathering information for a specific purpose
D
Finding online statistics
Explanation: 

Detailed explanation-1: -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-2: -Primary research is any type of research that you collect yourself. Examples include surveys, interviews, observations, and ethnographic research. A good researcher knows how to use both primary and secondary sources in their writing and to integrate them in a cohesive fashion.

Detailed explanation-3: -Primary research involves gathering data that has not been collected before. Methods to collect it can include interviews, surveys, observations or any type of research that you go out and collect yourself.

Detailed explanation-4: -When doing primary research, the researcher gathers information first-hand rather than relying on available information in databases and other publications. This type of research is often carried out with the goal of producing new knowledge, which is why primary research is also referred to as original research.

Detailed explanation-5: -Primary Data Definition Primary data is the data that is collected for the first time through personal experiences or evidence, particularly for research. It is also described as raw data or first-hand information.

There is 1 question to complete.