Which of the Following Is Not a Disadvantage of Secondary

question 32

Multiple Choice

Which of the following is not a disadvantage of secondary data?

• A) the objectives, nature, and methods used to collect the secondary data may not be appropriate to the present situation.
• B) secondary data may be lacking in accuracy.
• C) secondary data collection may be expensive and time consuming.
• D) secondary data may not be completely current or dependable.

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Definitions:

Monopoly

A market structure where a single firm or entity controls the entire supply of a product or service, restricting competition.