Which of the Following Statements About Primary Research Is True

question 75

Multiple Choice

Which of the following statements about primary research is true?

• A) Primary research refers to data collected by others outside an organization.
• B) Primary research provides feedback directly related to an organization and its needs.
• C) Primary research is less time-consuming and expensive to carry out than secondary research.
• D) Primary research is always free from biases toward preexisting opinions and beliefs.
• E) Primary research is generally less useful for your business problems than secondary research.

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Definitions:

Co-Insurance Clause

A provision in an insurance policy that requires the policyholder to bear a portion of the loss in return for a lower premium.

Insurance Claimed

Insurance claimed involves a request for payment based on the terms of an insurance policy, following a loss, damage, or occurrence covered by the policy.

Actual Value

The true or genuine value of an asset or property, based on factual evidence and market conditions.

Interest in a House

A financial or ownership stake in a property, including rights to use or benefit from the property which may include equity or debt interests.