Asked by Michael O’gilvie Jr on May 10, 2024
Verified
Primary data result from reading what others have experienced or observed and recorded.
Primary Data
Primary data is original data collected directly by the researcher for a specific research purpose, as opposed to being gathered from existing sources.
Experienced
Having gained knowledge, skill, or wisdom through involvement in a wide range of activities or situations over time.
Observed
Refers to something that has been noticed or recorded following a deliberate effort to watch or study it.
- Differentiate between primary and secondary data sources and their relevance in the preparation of business reports.
Verified Answer
Learning Objectives
- Differentiate between primary and secondary data sources and their relevance in the preparation of business reports.
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