BUISENESS MANAGEMENT
MARKETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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New and up to date research for a specfic topic
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Second hand data
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Data used for another purpose that you can certain use elements of
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Data found online
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Detailed explanation-1: -Primary research guarantees that the information collected is up-to-date and relevant, enabling accurate trends to be revealed. Primary research also allows the person or organisation to control ownership of the data.
Detailed explanation-2: -Some common advantages of primary data are its authenticity, specific nature, and up to date information while secondary data is very cheap and not time-consuming. Primary data is very reliable because it is usually objective and collected directly from the original source.
Detailed explanation-3: -Pros: Perhaps the greatest advantage of primary research is that it allows the researcher to obtain original data that are current and highly specific to his or her needs. Cons: Because of the processes involved, primary research can be very time-consuming, sometimes requiring months or even years.