Define Secondary Data and Primary Data,and List the Advantages and Disadvantages

question 89

Essay

Define secondary data and primary data,and list the advantages and disadvantages of the use of both in marketing research.

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Definitions:

Reed Bank

A submerged reef in the South China Sea, known for its disputed territorial claims and rich natural resources.

Repossession

The process by which a creditor takes back property or goods from the borrower due to failure to make scheduled payments.

Defaulted

Refers to failing to fulfill a legal obligation, especially failure to pay a debt or appear in court as required.