The two major types of secondary data sources are
A) internal data and data mines
B) internal data and external data
C) syndicated data and external data
D) Internet data and syndicated data

Question

Quizplus · Accepted Answer

The two major types of secondary data sources are internal data, which are gathered and stored within the organization, and external data, which are obtained from sources outside the organization. Syndicated data, which is collected by third-party research firms and made available for purchase, is a subset of external data. Internet data is a source of external data but does not encompass all external data sources. Data mines are a tool used to analyze and extract meaningful information from large datasets, but are not a type of secondary data source in themselves.

The Two Major Types of Secondary Data Sources Are