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How does primary information differ from secondary information?
primary information is the information/data that you collected and secondary information is the data/information that is collected by someone else but you are using it.
In marketing research a firm might consider using use secondary data cover primary data because?
Secondary sources may be sufficient given the data. If there is no need to collect new data, then interpreting new results based off prior interpretation will suffice. Furthermore, depending on the research the marketing research firm may want to bring in and analyze previously formed opinions on data. For example, a report on market trends in a global market may include a lot of secondary sources.
where is primary data preferred over secondary data?
Primary Data 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. Researchers collect the data themselves, using surveys, interviews and direct observations (such as observing safety practices on a shop floor). answers to specific information Secondary Data There are several types of secondary data. They can include information from the Census, a company's health and safety records such as their injury rates, or other government statistical information such as the number of workers in different sectors across a country. Both primary data and secondary data have their pros and cons. Primary data offers tailored information but tends to be expensive to conduct and takes a long time to process. Secondary data is usually inexpensive to obtain and can be analyzed in less time. However, because it was gathered for other purposes, you may need to tease out the information to find what you're looking for. The type of data researchers choose can depend on many things including the research question, their budget, their skills and available resources. Based on these and other factors, they may choose to use primary data, secondary data - or both.
Primary data and secondary data?
primary data is where you get o fact off a computer or from a book secondary data is where you get a fact of someone and it might not be true
Differences between primary data and secondary data?
Primary data is data that is collected by the researcher. Secondary data is information that has been collected by someone other than the user.
