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

Catherine BenneMay 17, 2024

Final Answer :

False

Explanation :

Primary data are collected directly by the researcher through experiments, surveys, or observations, specifically for the purpose of their study.

Learning Objectives

Differentiate between primary and secondary data sources and their relevance in the preparation of business reports.

Primary data result from reading what others have experienced or observed and recorded.

Definitions

Learning Objectives

Learning Objectives

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