Which of the Following Statements Concerning Secondary Data Is Correct

question 103

Multiple Choice

Which of the following statements concerning secondary data is correct?

• A) Secondary data usually takes longer to obtain than primary data.
• B) Secondary data is only available within the firm.
• C) Secondary data was originally collected for some other purpose.
• D) Secondary data may provide some background, but never provides the answer.
• E) None of these statements is correct.

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Definitions:

Perspectives

Different viewpoints or attitudes towards a particular issue, reflecting diverse experiences and backgrounds.

Businesses

Organizations engaged in commercial, industrial, or professional activities, aiming to generate profits through the provision of goods or services.

Modern Consumer Culture

This term describes a society largely defined by the buying and selling of goods and services, emphasizing consumer behaviors and values.

Advertising

The process or occupation of creating promotional content for goods or services in the commercial sector.