Secondary data consists of information ________.
A)that already exists somewhere but is outdated
B)that does not currently exist in an organized form
C)that already exists somewhere but was collected for another purpose
D)that is directly generated from the company's sales division
E)that the researcher can only obtain through first-hand surveys and observation

Question

Quizplus · Accepted Answer

Secondary data refers to information that already exists and was collected for another purpose. It may include data from sources such as government agencies, industry associations or research firms. The other options, A, B, D, and E, are all incorrect. Outdated data, non-existent data, and data generated directly from one's own company would not be considered secondary data. Additionally, primary data collection methods such as surveys and observations would produce first-hand data, not secondary data.

Secondary Data Consists of Information ________