Secondary data
A) may provide some background, but never provides the answer.
B) is information that has been collected already.
C) is rarely available and is expensive.
D) is specifically collected to solve a current problem.
E) can be in the form of online surveys or observations.

Question

Quizplus · Accepted Answer

Secondary data refers to information that has already been collected by someone else, such as government agencies or market research firms. It can provide useful insights and background, but may not always provide the complete answer or solution to a problem. It can be much more cost-effective to use secondary data than to collect new data through primary research methods. Secondary data can come in many forms, including online surveys or observations, but is always data that has already been collected.

Secondary Data