Compared to primary data, secondary data have the main advantage of:
A) being up-to-date.
B) having greater relevance to a specific issue.
C) being both internally and externally focused.
D) being dramatically lower in cost.
E) being readily accessible in electronic format.

Question

Quizplus · Accepted Answer

Secondary data are typically less expensive to obtain than primary data, as they have already been collected and processed by other organizations or for other purposes. This makes accessing these data generally less costly in terms of time, effort, and financial resources.

Compared to Primary Data, Secondary Data Have the Main Advantage