Ask Question
BusinessBusiness
27 May, 01:53

In the context of market research, identify a disadvantage of using primary data for data collection.

+3
Answers (1)
  1. 27 May, 05:08
    0
    obsolete information

    Explanation:

    primary data may take a longer time, in the sense that by the time the data is collected, analysed and report is ready, the situation which the primary data is to ravage may become very serious or outdated. the purpose of the research may be defeated.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “In the context of market research, identify a disadvantage of using primary data for data collection. ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
If mr. jernigan refuses to rent the land to another farmer, then what will be his accounting costs from farming corn himself on his land? what will be his economic costs?
Answers (1)
If ap sells the toaster ovens for $16 each, how many units will it have to sell to make a profit of $60,000 before taxes?
Answers (1)
Bruce Corporation makes four products in a single facility. These products have the following unit product costs: Products A B C D Direct materials $ 15.50 $ 11.40 $ 12.20 $ 11.80 Direct labor 20.60 28.60 34.80 41.
Answers (1)
Tina's Boutique has total receipts for the month of $32340 including sales taxes. If the sales tax rate is 5%, what are Tina's sales for the month? a. $30800 b. It cannot be determined. c. $32340 d. $30724
Answers (1)
Lunar Vacations needs to raise $ 6,100,000 for its new project? (a golf course on the? moon). Astro Investment Bank will sell the bond for a commission of 2.5 %. The market yield is currently 7.5 % on? twenty-year semiannal bonds.
Answers (1)
New Questions in Business
What will you call an employee who prioritize her goals rather than the team goal?
Answers (1)
Vertical integration allows the firm to gain market power as the firm develops the ability to save on its operations, avoid market costs, improve product quality, and possibly protect its technology from its rivals. A. True B. False
Answers (1)
Do you like School? Yes or No
Answers (1)
Assume that an MNC purchases a foreign building, and then leases the building to another party and allows that party to operate the business in the building for 30 years if the party follows standards set by the MNC.
Answers (1)
Sally Smith incurred expenses of $800 in June which she paid in July. She declared these expenses on her June income statement. By doing this she is following the accounting principle of:
Answers (1)
Home » Business » In the context of market research, identify a disadvantage of using primary data for data collection.
Sign Up Forgot Password?