Primary data is:
A)data that has been collected by the private sector.
B)data collected by the government.
C)original information collected by the entrepreneur.
D)data that is hard to finD.

Question

Quizplus · Accepted Answer

Primary data refers to information that is collected firsthand by the entrepreneur, rather than being obtained from secondary sources such as published reports or databases. Therefore, option C - original information collected by the entrepreneur is the correct answer. Option A is incorrect because primary data can also be collected by the public sector or non-profit organizations. Option B is incorrect because although the government may collect primary data, not all primary data is collected by the government. Option D is also incorrect because primary data can be found through various methods, although it may require some effort or resources to collect.

Primary Data Is