Secondary data should always be sought out first to assist managers in making a decision. What supports this statement?

Question

Quizplus · Accepted Answer

Secondary information is typically cheaper and quicker to attain than conducting primary research, which often involves designing and administering surveys, conducting interviews, or running experiments. Thus, starting with secondary data can save time and money before investing in the more resource-intensive process of primary research.

Secondary Data Should Always Be Sought Out First to Assist