MANAGEMENT

Detailed explanation-1: -The disadvantage of primary data is the cost and time spent on data collection while secondary data may be outdated or irrelevant. Primary data incur so much cost and takes time because of the processes involved in carrying out primary research.

Detailed explanation-2: -However, one disadvantage of primary data is that it can be time consuming and expensive to collect.

Detailed explanation-3: -Disadvantages of primary research – It can be expensive, time-consuming and take a long time to complete if it involves face-to-face contact with customers. It requires some prior information about the subject, and ideally market research skills to get the best results.

Detailed explanation-4: -An advantage of using primary data is that researchers are collecting information for the specific purposes of their study. In essence, the questions the researchers ask are tailored to elicit the data that will help them with their study.