Which of the following is the advantage of secondary data over primary data?
A) It is always available for strategy-specific research questions.
B) Its sources are limited making the information more valuable.
C) It is cheaper to utilize secondary data than primary data for research.
D) It is collected specifically for the research problem under investigation.

Question

Which of the following is the advantage of secondary data over primary data? 
A) It is always available for strategy-specific research questions.
B) Its sources are limited making the information more valuable.
C) It is cheaper to utilize secondary data than primary data for research.
D) It is collected specifically for the research problem under investigation.

Quizplus · Accepted Answer

Secondary information has the advantage of usually being cheaper than primary data, although it is not always available for strategy-specific research questions.

Which of the Following Is the Advantage of Secondary Data